outbreak getting worse. 2nd and 3rd wave infections hitting all countries

Cmco zoom AGM only

Indonesia CPO pricing is different. all palm producers are required to allocate & participate in their quota .Gapki pricing does not follow our Malaysia open system. not only TSH but others Malaysia owned companies also adhere to their country regulations. { Eg. sime, ioi,KLK, }

Cabinet reshuffle is expected expect a new Minister and new regulations

Keep our fingers cross. the political condourum will not blow away until Umno is given the DPM post

Sabah election is the chief cause of the spike in covid cases. Blame it on the greedy political parties with their take over attempt and the failure to adhere to the 14 day mandatory quarantine SOP for all incoming and outgoing people prior to the State election

DJ opening bells slip 700 points. Red day tomorrow

Technical view from recent high of 1.40 drop to today 1.00 . 40% retracement { support at dollar mark } need to monitor closely any rebound forthcoming

Major share holders disposed of GP shares
Kendall court 100 million shares
Summit synergy 100 million shares
calvintaneng biggest fools theory
Hoping and banking on future intangibles

Goggle ZY sales & marketing { Mr Zhang Yong } well known Chinese billionaire resident staying in Singapore. He is acquiring 90 million shares {17%+ of HWGB} from Datuk Lim. There is more to come

Sleeping beauty. Still deep sleep

MOU has no legal binding status. Just an understanding between 2 or 3 parties to subscribe or venture or undertake certain projects { before a contract or project } is formed up. { Subject to other related terms and conditions finalised } the MOU is full of legal jargon and clauses

Nothing of materials importance will happen pending the conclusion of US presidential election, Congress and not forgetting the Senate house of representative etc The casino approval in the US may yet be delayed again

Receivables based on the industry norm. What's important is the segmentations and ageing portfolio of the clients strenght

Latest news - IBI {a company owned by CCP } to develop a semi conductor hub in Kedah. What 's will happen if this industrial venture failed { Malaysia property or industrial site is now going thru a purple patch and struggling } the possibilities of GP ask to take over project from CCP is a real concern. Kulim already have a government owned Hi tech park. KLK already started their Batu Kawan industrial park } Not forgetting PDC { Penang } owned high technology site. What sort of investment can CCP hope to attract and compete against the other. Tax free incentives are allowed under MITI for Kulim Hi tech park and PDC run high technology centre

PN government buying support thru political appointment's. The present PN cabinet is one of the largest in the world. The last count around 70 MP's appointed as Minister or deputy Minister. This excludes GLIC appointment

HWGB one day up next 2 days down. No buying powee

Kp always has the same issue no follow thru support

Die lah Gent if government increased taxes again. PH { LGE } already increased the levy. PN { Zaifrul } looks like following suit

Profit taking after 2 days rise

Everybody jumping into gloves production. Must required the expertise and deep pockets

Ismail Sabri talking MCO 2.0 { political interest } mati if they enforced MCO 2.9

Heavy contra play

Last financial result recorded EBIT loss at -57 million. cash reserve at 44 million plus accounts receivables at 143 Million but net liabilities at 164 million { due within 12 months } plus other liabilities at 280 million. Total borrowings and liabilities = 444 million. Covid pandemic outbreak means alot of the so called receivables may be stretch or subject to more write down

t +2 contra players locking in their profit

Infections rate will spike up coming 2 week.this why KJ asking MOF for additional 2 billion coming budget for covid vaccines

The bigger question is why head honcho { tan Sri liew } is selling his stalk and merge with UEM. mah sing founder { tan sri Leong } also diversified into gloves production and not relying on property coming 2-3 years

Next Qtr { 3 } result expected end of November . Need to wait for better performance. 1Qtr { -35 Million } 2Qtr { -14 million } First Half negative -49 Million losses { excluding amortization write down }

China is vigorously pushing ahead of it's vaccine development. It's race who get it first

This whole week Bstead zzzzzzzz

W-o-W still positive. KP lacks follow up momentum { despite share split forthcoming } it's need an incentive like positive coming Qtr result to kick start rally

KJ specifically mentioned Pharma and DPharma as government fill & finish vaccine hub. Vaccine doses is a public service run by government. Private hospital may or may not have the vaccines

Wow ! Gloves production requires deep pockets. MAH Sing budgeted 100 -150 million for their initial factory outlay

Is Anwar the new PM . Muhiyddin cabinet disarray ? New scenario . worrying ???

Yesterday afternoon whole market was dragged down out of the blue new political development

LTAT past 3 years dismal pay out range between 2.0% -2.5% dragged down by Bstead mark to market valuations. Taking private is a way out for LTAT board { curtailing their ability for a higher pay out ratio }

GENM strong support at 2.00

Past record showed K1 up one day down the next 2 trading days.

Dr Hisham expect the numbers to spike up further within the next few weeks. He has projected the rate at 1.8 or 1.9 { yesterday 691 } worldwide already spike past 36 million. People are not going anywhere on holiday or leisure at least for the next 2 years { until a vaccine is found }

The collaboration between tencent & GP subject to GP building the servers for tencent cloud business over the next 5 years at the cost of 500 Million ringgit in Malaysia. GP need to raise funds by PP or shares sales to built the servers { tencent not paying a single sen } 2 things come to mind. GP share base will balloned up like Sapenergy 5 billion shares base if they continue to issue shares by PP or equity sales . Second GP does not have the financial muscle to back up it's balanced sheet. thirdly cloud computing can be a momentarily overlapped by a new technology or curtailed by new political issues.look at Huawei being investigated, scrutinized and banned by US and it's allies over so called security sensitivity areas.just my 2 sen over the jV between GP and tencent { anything can and change in 5 years }

2.00 is the key support. MACD weak

Which branch?

U are lucky prices trending lower

I are lucky prices trending lower

Edge reported today 20+ penny stock counters manipulated by certain related parties transaction to pump up their prices

Sulawesi JV project put on hold due to environment issues. At this point unable to determine the time frame when the project can restart

3Qtr report ending 30September { announced by end November }

Warisan self inflicted damage when their candidate question the Lahad Datu incident { hurting role of the servicemen } winning margin is razor thin in alot of seats. The servicemen votes counts

Possibility of another round of PP to finance the start up cost. Their business in the past 4-5years not cash positive . Only way is to raise thru PP or rights. right issues are not popular based on GP { IBs not keen. }

Vaccine play has just started. Look at DJ thier pharmaceutical stocks. Here DPharma and Pharma are the real big players. MOH can not award the bottling plant to any private company.they have their own SOP procurement. Any health distribution need MOH , MMA , MOSt approval