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3,381 comment(s). Last comment by winlast at Jan 26, 2021 12:42 PM
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8711 posts

Posted by tkl88 > Nov 25, 2020 7:29 AM | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !

8711 posts

Posted by tkl88 > Nov 26, 2020 8:27 PM | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08

8711 posts

Posted by tkl88 > Nov 26, 2020 8:27 PM | Report Abuse

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.

468 posts

Posted by Survivor13 > Nov 27, 2020 8:19 AM | Report Abuse

yes, budget approved.

mycron was named in the white paper. Its time to pick up mycron. go go go.

8711 posts

Posted by tkl88 > Nov 30, 2020 9:11 AM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 2, 2020 9:18 AM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 2, 2020 4:37 PM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 3, 2020 9:07 AM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 3, 2020 9:15 AM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 3, 2020 9:17 AM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 3, 2020 9:58 AM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 7, 2020 9:52 AM |

Post removed. Why?

8711 posts

Posted by tkl88 > Dec 9, 2020 10:45 AM |

Post removed. Why?

1007 posts

Posted by Patron > Dec 20, 2020 11:18 AM | Report Abuse

Venfx is with O

499 posts

Posted by Kimly2 > Dec 20, 2020 6:24 PM | Report Abuse

VenFx Came here promoting Umza!!
haha.. current 0.60 still need time to recover his UMZA 0.92
Buy low sell high,
not buy high keep to low, dude

8711 posts

Posted by tkl88 > Dec 26, 2020 8:24 AM | Report Abuse

Next week is the windows dressing, will be the super bull market for KLSE !

Huat ah ! Heng ah ! Ong ah !

1 post

Posted by teohyk > Dec 28, 2020 2:29 PM | Report Abuse

Not windows dressing. Malaysia government really protect local steel maker by imposing provisional anti-dumping duties on other countries.
either cold steel, cold stainless steel and flat steel

717 posts

Posted by yiqqre > Dec 28, 2020 3:02 PM | Report Abuse

两发 LEONFB – 长期遭低估的钢铁股
LEONFB创办于1972年,在2013年上市于大马主要板,主要从事钢铁产品贸易和加工业务,专注于轧制钢 (Rolled Steel) 和扁钢 (Flat Steel) 产品。
其主要贸易产品为碳钢 (Carbon Steel),尤其是低碳钢 (Mild Steel)、不锈钢和合金钢。作为增值业务的一部分,集团也提供切割、整平、剪切、仿形、弯折和加工钢铁产品的服务,以满足不同行业客户和各种应用需求。
其使用的主要原料包括碳钢 (80%)、不锈钢及合金钢。其中约60%的原料采购来自本地制造商或供应商,其余则从海外供应商直接采购。
其二,把 Wisma Leon Fuat正对面的现有建筑物进行翻修工程。这新的加工厂拥有大约60,000平方英尺的实用空间。同时,集团也在这厂房安装上新的CNC切割机,也把现有的切割机搬迁至新厂。过去两年,LEONFB在这项计划上一共投入RM9m的资本开销。这加工厂预计可把现有产能翻倍,而集团在往后也将有较好的加工流程。
其三,进军钢管 (Steel Pipe) 制造行业,而生产设施将安装在巴生港的新厂房。由于LEONFB一直以来都是钢卷和其他钢铁产品的采购商,集团可利用这流程,顺势把业务多样化至这些钢铁原料生产的最终产品。
值得一提,LEONFB的每股净资产 (NTA) 为RM0.99

776 posts

Posted by STEADYBOMBIBI85 > Dec 29, 2020 12:16 AM | Report Abuse

Some earned 500k in one day

210 posts

Posted by winghuat > Dec 29, 2020 12:38 AM | Report Abuse










396 posts

Posted by Calvinharris > Dec 29, 2020 12:53 PM | Report Abuse

Steel rebar price rose from 3600 to 4000 above. During 3600 , most of the steel counters already doing well in it's quarter report, coming quarter with 4000++, lagi hebat.

Steel rebar 4500 during December 2020 allow steel counters to making well and strong profit in coming quarter

529 posts

Posted by singunsin > Dec 30, 2020 2:00 AM | Report Abuse


263 posts

Posted by meadow1628 > Jan 12, 2021 4:35 PM | Report Abuse

Wow, unbelievable, now Mycron at 0.595 +0.10 +20.2.%

151 posts

Posted by OneSmallStep > Jan 12, 2021 5:27 PM | Report Abuse

Glad I bought it friday last week...

776 posts

Posted by STEADYBOMBIBI85 > Jan 12, 2021 8:03 PM | Report Abuse

Whats the TP for this stock?

776 posts

Posted by STEADYBOMBIBI85 > Jan 12, 2021 8:20 PM | Report Abuse

Can still enter?

623 posts

Posted by anthonytkh > Jan 12, 2021 8:24 PM | Report Abuse

Steadybomb, just watch the stock until 9.30am tmrw. Don’t buy before 9.30am until you see the trend

776 posts

Posted by STEADYBOMBIBI85 > Jan 12, 2021 9:16 PM | Report Abuse


40 posts

Posted by uppvestor > Jan 16, 2021 10:28 PM | Report Abuse



75 posts

Posted by Sipekhuat > Jan 22, 2021 12:40 AM | Report Abuse


332 posts

Posted by winlast > Jan 26, 2021 12:42 PM | Report Abuse

cheers MYCRON going up to RM 60 cents soon

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