Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Thu, 2 Apr 2020, 11:28 PM

 

Govt provides RM21 bil assistance for Malaysians amid COVID-19 outbreak, (BUY NFCP STOCKS & SUCCESS TRANSFORMER)

Author:   |    Publish date:


March 26, 2020 19:46 pm 

 

 

KUALA LUMPUR (March 26): For almost any country in the world, winning the war against COVID-19 is now the agenda of utmost importance. Hence strong support, especially from the Government, is crucial to strengthen the entire ‘defence’ system.

Joining other affected countries such as Italy, Singapore and the United Kingdom, Malaysia has taken the necessary measures to support affected industries, protect the economy and importantly help ease the people’s burden during these trying times.

To date, the Government has announced about RM21 billion assistance under its stimulus package and additional allocations to address the economic risks associated with the pandemic that has hit Malaysians, both individuals and corporates.

Despite changes in the administration, the goal is always one – to mitigate the impact of COVID-19.

If you missed out on the announcements, here are the key highlights at a glance:

Assistance for Affected Individuals

  •     One-off payment of RM600 to registered taxi and tour bus drivers, tour guides and trishaw riders.
  •     Six-month deferment period for National Higher Education Fund Corporation (PTPTN) loan repayments involving up to RM750 million in collection.
  •     Payment of RM200 to all Bantuan Sara Hidup (BSH) recipients scheduled for May 2020 will be brought forward to March 2020
  •     An additional RM100 will be paid into the bank accounts of all BSH recipients in May 2020. Subsequently, an additional RM50 will be channelled in the form of e-tunai.
  •     Grants of RM1,000 to 10,000 local entrepreneurs to promote sale of their products on e-commerce platforms.
  •     Matching grants worth up to RM100 million channelled to Human Resource Development Fund to fund an additional 40,000 employees from the tourism and other affected sectors.
  •     RM50 million to subsidise short courses in digital skills and highly skilled courses which will benefit 100,000 Malaysians.
  •     Local banks to offer a moratorium on, or deferment of, loan/ financing repayments for up to six months to individual borrowers and SMEs.
  •     Flexibility of the postponement to defer credit card repayments from April 1 to Dec 31, 2020.

Strengthening Healthcare Industry

  •     Special monthly critical allowance for front liners (RM400 for medical doctors and other medical personnel, as well as RM200 for immigration and related front line staff).
  •     Additional allocation of RM160 million to 26 hospitals in the country to contain the COVID-19 outbreak second wave.
  •     Additional allocation of RM500 million to the Health Ministry to purchase medical equipment, such as ventilators, essential intensive care unit equipment, extra personal protection equipment for general medical staff and laboratory equipment for screening of COVID-19.
  •     RM100 million to appoint 2,000 new staff, especially nurses, on contract.
  •     Distribution of a RM130 million allocation to all states to help the state governments handle the COVID-19 crisis.

Easing Cash Flow

  •     Businesses in the tourism sector allowed to defer monthly income tax instalment payments from April to September 2020
  •     Affected companies due to COVID-19 allowed to revise their profit estimates for 2020 with respect to monthly income tax instalment payment, without penalty.
  •     A discount of 15 per cent on monthly electricity bills for hotels, travel agencies, airlines, shopping malls as well convention and exhibition centres.
  •     HRDF levies exempted for hotels and travel-related companies.
  •     Exemption of six per cent service tax for hotels from March to August 2020.
  •     Bank Negara Malaysia (BNM) to provide a special relief facility worth RM2 billion in the form of working capital for SMEs at an interest rate of 3.75 per cent.
  •     Bank Simpanan Nasional to allocate RM200 million in microcredit facility at four per cent interest rate.

Stimulating the Tourism Sector

  •     Personal income tax relief of up to RM1,000 on expenditure related to domestic tourism.
  •     Malaysians will be eligible to get digital vouchers for domestic tourism of up to RM100 per person for domestic flights, rails and accommodation at licensed hotels.
  •     Additional matching grants for tourism promotion will be provided. An allocation of RM500 million is provided for the vouchers and tourism promotion.
  •     Relaxation of existing guidelines limiting use of hotels by government agencies to mitigate the reduced demand.
  •     The approval process for existing loan funds to be further streamlined such as Bank Pembangunan’s Tourism Infrastructure Fund of RM1.5 billion.
  •     Malaysia Airports Holdings Bhd to provide rebates on rental for premises at the airport as well as landing and parking charges.

Expediting Investment Projects, Security and Infrastructures

  •     Additional RM2 billion for the immediate implementation of small infrastructure repair and upgrading projects nationwide especially in rural areas.
  •     The Employee Insurance Scheme (EIS) will increase the claimable training cost from RM4,000 to RM6,000 for the affected sectors. A daily training allowance of RM30 per day will also be provided to trainees under EIS.
  •     BNM to provide agrofood facility of RM1 billion at an interest cost of 3.75 per cent to promote food production activities to meet domestic and export demand.
  •     RM10 million allocation to the Federal Agricultural Marketing Authority (FAMA) to provide food storage facilities to help reduce food prices.
  •     Allocation of RM20 million to Malaysia Digital Economy Corporation (MDEC) for Perkhidmatan e- Dagang Setempat (PeDAS) programme to transform Rural Internet Centres into e-commerce hubs.
  •     Government-linked companies such as Tenaga Nasional Bhd to invest RM13 billion in 2020, including accelerating projects such as LED street lights, transmission lines and rooftop solar installations.
  •     The Malaysian Communications and Multimedia Commission to implement up to RM3 billion on works related to the National Fiberisation and Connectivity Plan.             

Potential Disposable Income

  •     The withdrawal of savings from Account 2 by 12 million Employees Provident Fund (EPF) members aged 55 and below, amounting to RM40 billion, beginning April 1.
  •     Six-month postponement of loan repayment, restructuring of credit card balance and business loans following the COVID-19 outbreak involving at least RM100 billion.
  •     Minimum EPF contribution by employees reduced to seven per cent from 11 per cent, effective April 1 until Dec 31, 2020.

A more comprehensive stimulus package, which will bring benefits to all citizen regardless of their background, is set to be announced by Prime Minister tomorrow instead of March 30 as previously expected.

“My officers in the Finance Ministry are working tirelessly to prepare an economic stimulus package that will benefit everyone.

“Whether you are a taxi driver, Grab driver, farmer, restaurant operator, nasi lemak seller, pisang goreng seller, burger seller or salaried employees, the government will try its very best to ensure all of you will benefit from this. Insya Allah, no one will be left behind,” he said in a special address yesterday.

He also announced the extension of the Movement Control Order to April 14, hoping Malaysians would be able to make early preparations.

 

 

 

Calvin comments:

 

THIS LATEST UPDATE SHOWS GOVT WILL CONTINUE BUDGET AS PLANNED

 

TWO GROUP OF STOCKS TO BUY

 

1) SUCCESS TRANSFORMER AS IT PRODUCES LED LIGHTINGS

 

  •     Government-linked companies such as Tenaga Nasional Bhd to invest RM13 billion in 2020, including accelerating projects such as LED street lights, transmission lines and rooftop solar installations.

TNB WILL BE GIVEN RM13 BILLIONS FOR LED STREET LIGHTS, TRANSMISSION LINES AND ROOFTOP SOLAR INSTALLTIONS

 

 

2) NFCP RELATED STOCKS 

 

  •     The Malaysian Communications and Multimedia Commission to implement up to RM3 billion on works related to the National Fiberisation and Connectivity Plan.            

Already allocated Rm290 Millions for NFCP1 so the Total from MCMC IS RM3.29 BILLIONS

 

ANOTHER RM10.8 BILLIONS GIVEN THRU TELEKOM FOR NFCP

 

SEE

 

Rm10.8 Billions already allocated to Telekom 

As shown be Telekom Tenders they are in progress

Date   Tender Title   Tender Advertisement   Tender Summary
19/03/2020   AMENDMENTREQUEST FOR PROPOSAL (RFP) FOR THE PLAN, DESIGN, SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, ENGINEERING-PROFESSIONAL SERVICES, TRAINING, MANAGED SERVICES AND COMPREHENSIVE MAINTENANCE FOR TM 5G MOBILE NETWORK SOLUTION   Eng | BM    
19/03/2020   TENDER FOR INSTALLATION, COMMISSIONING, OPERATE AND MAINTAIN SECURITY INTEGRATED SYSTEM AT DOUBLE STOREY TERRACE HOUSES ASPIRA PARKHOMES (LANDED STRATA), PTD 209474 GERBANG NUSAJAYA, MUKIM PULAI, JOHOR DARUL TAKZIM.   Eng    
16/03/2020   AMENDMENT: REQUEST FOR PROPOSAL (RFP) FOR THE PLAN, DESIGN, SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, ENGINEERINGPROFESSIONAL SERVICES, TRAINING, MANAGED SERVICES AND COMPREHENSIVE MAINTENANCE FOR TM 5G MOBILE NETWORK SOLUTION   Eng | BM    
15/03/2020   REQUEST FOR PROPOSAL (RFP) FOR THE PLAN, DESIGN, SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, ENGINEERING-PROFESSIONAL SERVICES, TRAINING, MANAGED SERVICES AND COMPREHENSIVE MAINTENANCE FOR TM 5G MOBILE NETWORK SOLUTION.   Eng | BM   Key Summary
10/03/2020   REQUEST FOR INFORMATION (RFI) ON SUPPORT AND SERVICES FOR DELL EMC SMARTS VERSION 10.1 AND WATCH4NET VERSION 6.7 FOR SERVICE FAULT MANAGEMENT SYSTEM   Eng    
10/03/2020   REQUEST FOR INFORMATION (RFI) ON SUPPORT AND SERVICES FOR DELL EMC SMARTS VERSION 10.1 AND WATCH4NET VERSION 6.7 FOR SERVICE FAULT MANAGEMENT SYSTEM   Eng    
05/03/2020   AMENDMENT: REQUEST FOR PROPOSAL FOR SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, ENGINEERING SERVICES, TRAINING AND MAINTENANCE SUPPORT SERVICES FOR PRECISION TIME PROTOCOL (PTP) SYNCHRONISATION   Eng | BM    
05/03/2020   AMENDMENT: REQUEST FOR PROPOSAL FOR SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, ENGINEERING SERVICES AND TRAINING FOR COMPACT DENSE WAVELENGTH DIVISION MULTIPLEXING (DWDM)   Eng | BM    
03/03/2020   REQUEST FOR PROPOSAL FOR SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISIONING, ENGINEERING SERVICES, TRAINING AND MAINTENANCE SUPPORT SERVICES FOR PRECISION TIME PROTOCOL (PTP) SYNCHRONISATION   Eng | BM   Key Summary
03/03/2020   REQUEST FOR PROPOSAL FOR THE PLAN, DESIGN, SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, PROFESSIONAL SERVICES, TRAINING AND MAINTENANCE SUPPORT SERVICES FOR TM NEXT GENERATION NETWORK   Eng | BM   Key Summary
03/03/2020   REQUEST FOR PROPOSAL FOR SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, ENGINEERING SERVICES AND TRAINING FOR COMPACT DENSE WAVELENGTH DIVISION MULTIPLEXING (DWDM)   Eng | BM   Key Summary

 

THE ABOVE TENDERS ARE FOR MARCH 2020 (AFTER PM MUYHIDDIN APPOINTMENT AS 8TH PM OF MALAYSIA

 

ALMOST ALL ARE RELATED TO NFCP IN ONE WAY OR ANOTHER

 

SO GOOD FOR OPCOM, REDTONE, BINACOM, NETX AND SACOFA

 

A WHOPPING RM10.8 BILLLIONS FOR TELEKOM TENDERS

 

SO ADD RM10.8 BILLIONS (TELEKOM) TO RM3.29 BILLIONS (NFCP) = RM14.09 BILLLIONS

 

 

NOTE: CONTRARY TO NAYSAYERS TALKING ABOUT CANCELLATION OF NFCO PROJECTS (NOT TRUE AT ALL)

WE HAVE PROOFS THAT THESE NEWS ARE VERY UP TO DATE & CURRENT

FOR RM21 BILLIONS BUDGET

SEE DATE

 

March 26, 2020 19:46 pm 

 

FOR TELEKOM TENDER LATEST WAS

 

Date   Tender Title   Tender Advertisement   Tender Summary
19/03/2020   AMENDMENTREQUEST FOR PROPOSAL (RFP) FOR THE PLAN, DESIGN, SUPPLY, DELIVERY, INSTALLATION, TESTING, COMMISSIONING, ENGINEERING-PROFESSIONAL SERVICES, TRAINING, MANAGED SERVICES AND COMPREHENSIVE MAINTENANCE FOR TM 5G MOBILE NETWORK SOLUTION

 

 

 

SO THESE TENDERS FOR NFCP JOBS CAME OUT 19/3/2020 FOR TELEKOM

26/3/2020 (TODAY!!!) ARE VERY CURRENT

LONG AFTER PM MUHYIDDIN APPOINTMENT AS MALAYSIA 8TH PM ON MARCH 1ST 2020

 

BEST REGARDS

 

Calvin Tan Research

Singapore

 

Please buy/sell after doing your own due diligence

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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calvintaneng FOR TNB FOR STREET LIGHTINGS = RM13 BILLIONS

FOR TELEKOM & NFCP THRU MCMC = RM14.9 BILLIONS

WHEN AIRLINE, TOURISM, HOTEL, SHOPPING MALLS, REITS & ALL OTHERS GO DOWN IN A RECESSION AND UNABLE TO PROVIDE JOBS

GOVT STEPS IN TO PROVIDE EMPLOYMENT

SO BUY INTO GOVT PUMP PRIMING STOCKS AS A LAST RESORT
26/03/2020 11:39 PM
Jengacam Omg promote again
26/03/2020 11:57 PM
calvintaneng BETTER HIDE IN THE SAFETY OF STOCKS WITH GOVT SUPPORT
27/03/2020 12:03 AM
27/03/2020 4:30 AM
Philip ( yinson 700 buses in trouble) Why I believe calvintaneng will go to hell? For causing thing like this to happen.

His 2019 results (WHERE WERE THE SELL CALLS FOR SASBADI, MAYBULK, TALAMT, SCOMIES?) -
https://klse.i3investor.com/servlets/pfs/123029.jsp

HIS 2020 RESULTS - https://klse.i3investor.com/servlets/pfs/131750.jsp

IF YOU BUY A STOCK JUST BECAUSE CALVIN TAN ENG YEE IS TRYING TO PUMP AND DUMP YOU? THEN YOU SHOULD BE READY FOR THE CONSEQUENCES.

DO YOU OWN DUE DILIGENCE, AND DON'T RELY ON FALSE PROPHETS TO DO YOUR THINKING FOR YOU.

>>>>>>>

Posted by cheahsk > Mar 19, 2020 9:55 AM | Report Abuse

This is for Calvintaneng, Hey, pls come out from under your bed. I know you are there. Please explain your comment on Maybulk you did some months ago. If you feel the need to write something pls do, but don't post it lah. Gullible ppl like me picked up your comment and bought a lemom. I suggest you just type out all your nonsense on paper, read it for shiok sendiri and just burn the piece of paper and flush it down the toilet. Use this forum to write something credible and useful for the readers. Be more responsible please.

>>>>>>>>

Mar 24, 2020 5:33 PM | Report Abuse

Calvin,

Honestly, your conduct the last 1-2 years have been quite disappointing. I remember thinking you were a very nice person back when i met you in Johor, but honestly, the way you've been acting in pushing companies like these, It's not good
27/03/2020 6:02 AM
calvintaneng Why Philip is so foolish

Calvin already whataspped to all few hundred friends before buying that maybulk is in cyclical uptrend due to Baltic dry index going up

And must certainly sell and take profit if bdi trends down again

So all have been told maybulk being cyclical have to be sold when prices are up.

Philip is from hell

The accuser of the brethren who has a forked tongue
27/03/2020 10:21 AM


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