huge JACKPOTS waiting

KUALA LUMPUR (Nov 1): Seacera Group Bhd's share price surged as much as 6.5 sen or 28% to 30 sen so far today, after the tile manufacturer said yesterday that Tan Boon Seng emerged as a substantial shareholder in the company.

According to Seacera's Bursa Malaysia filing yesterday, Tan had on Monday (Oct 29) acquired 34.98 million shares or a 9.26% stake in Seacera.

Today, shares of Seacera were traded at 29 sen at 4pm. The company saw 145.45 million shares exchanging hands, making it the most active counter on Bursa Malaysia.  

Seacera's announcement on Tan emerging as a substantial shareholder in the company followed a bourse filing on Monday. The Monday filing was in response to Bursa Malaysia's unusual market activity query on the sharp fall in the price of Seacera shares recently.

On Monday, Seacera said it wished to inform that the sharp fall in the price of the company shares recently was because three major shareholders, namely Datuk Seri Mansor Masikon, Zulkarnin Ariffin and Datuk Ismail Osman, had been "forced to sell down their stakes in the company on the market by the banks/stock broking firms."

.175 my entry the Game's

loading some today

The game's will STARTED

woooooohooooooo......

wooohoooo.....huaaaaaat...ah

SEACERA....HUAT AH.AH.AH.....

Lets Play the Game

sabarlah boss baru lahir 5 bulan...

aiyoooo cheap sales!

=)

yagah HAHAHA

=)

just sideway first...

omg ....panicked selling

KUALA LUMPUR: E-government service providers could be seeing more jobs in the pipeline as the government intends to pursue digitalisation agenda “aggressively” for higher digital adoption in the public service.

“In this regard, digital governance in the public sector will be enhanced at the national and ministry levels to support the national digitalisation agenda,” said the Mid-Term Review of the 11th Malaysia Plan 2016-2020 report released yesterday.

In addition, the Government Online Services Gateway will be expanded to offer access to a wider range of online government services through a single portal. At the same time, various digital tools will be utilised in undertaking the government’s digitalisation agenda.

Investment analysts said the announcement could mean that the government would deploy technologies more than before to provide e-government services on top of what it already has.

Such initiative is likely to create technology-related jobs in the labour market given higher demand for skilled labour specialised in information technology, including big data analytical, grows. Besides, e-government service providers are likely to benefit amid anticipation of more outsource contracts in the future.

In short, the government’s digitalisation agenda would be a strong growth catalyst to drive the domestic technology industry, especially if there is local content requirement in the public project.

Among the public-listed companies that are involved in provision of e-government service are MyEG Service Bhd, Datasonic Group Bhd, Prestariang Bhd, Dagang Nexchange Bhd (DNex), Kumpulan Fima Bhd, and Iris Corp Bhd.

Meanwhile, the Mid-Term Review states that the government wants to intensify and expand e-payment platforms with an emphasis on government transactions “for good governance and reducing corruption”.

“A cashless payment transaction system would ensure transparency as well as enable tracing and tracking,” said the report.

Nonetheless, some analysts reckon the possibility of more e-government service contracts on the cards it may not necessarily mean that the existing providers would get the jobs simply because the new government has stressed on awarding public contracts through open tender process.

Furthermore, the super fat profit margin could possibly be narrowed by the anticipated competitive tendering process. Companies will have to compete on technologies and costs, said analysts.

Some quarters believe that there might be multi-providers for the same type of e-government service or IT solution, unlike the current scenario, in which certain services are provided by a single-party.

In fact, the government announced in the report that uCustoms is set for full implementation in early 2019.

With that, there will be two players providing end-to-end solutions for cargo clearance, beside the current provider DNex.

The uCustoms single-window gateway initiative, the Mid-Term Review said, will improve efficiency and productivity and boost the competitiveness of the domestic logistics industry players.

The initiative has been brought about previously, but the slow progress of the system’s development has hampered improvement of cargo clearance work processes, added the report

switch to IRIS 0010

luckily already sold....

GORENG GORENG

yes, this what call distribution

pit stop now before shot higher

sudah masak

no power, most likely > trap

Congratulations paktua 73 always love fight red devil till survive in red sea...

HAHAHA...

manyak kuat

wait Anwar win election first before sailang.

AN upcoming contract valued at about RM300 million by the government to supply raw identification cards to the National Registration Department could see a two-horse race between Datasonic Group Bhd and Iris Corp Bhd, industry sources say.

While there may be foreign companies participating in the tender, it is understood that the national security aspect would lead to the contract being awarded to a Malaysian outfit.

The tender should be called soon, with the current contract held by Datasonic expiring at end-December next year.

Back in May 2016, Datasonic announced that it had accepted a letter of award with a contact value of RM260.4 million to supply 12 million MyKad raw cards and MyKad consumables starting July 2016 to December 2019.

This would indicate that a contract may be awarded by the third quarter of next year or early in the fourth quarter.

“From what we know, Iris has already been called in to meet JPN (Jabatan Pendaftaran Negara or National Registration Department) to exhibit its capability,” a source familiar with the matter tells The Edge.

However, when contacted, Iris CEO Shaiful Subhan declined to comment. Some of the company’s substantial shareholders also declined to comment.

It is understood that the contract is attracting considerable interest as its margins are quite high — in the region of 20% — which would augur well for the likes of Iris.

For the first three months of its financial year ending March 2019, Iris registered a net profit of RM8.68 million on revenue of RM75.81 million. Compared with the corresponding period a year ago, net profit was up 66.60% despite turnover declining by almost 25%.

Nevertheless, to put things into perspective, Iris suffered losses over the last four financial years, and had accumulated losses amounting to RM318.67 million.

As at end-June this year, Iris had short-term deposits of RM58.57 million and cash and bank balances of RM37.14 million. Its long-term borrowings amounted to RM129.19 million while short-term debt commitments were RM44.25 million.

Iris is an established player in trusted identification systems and cards, and has a significant international presence spanning more than 32 countries. The company has been hiving off non-core businesses, such as its education and mining operations, to focus on identification cards and the like.

On its prospects, Iris says it expects to derive revenue from ongoing trusted identification projects in Africa, Asia, Asia-Pacific and North America, and adds that “the management of Iris is positive about the group’s prospects and expects continued growth of Iris’ business operations and financial performance”.

Meanwhile, Datasonic — via its wholly-owned Datasonic Technologies Sdn Bhd — currently has the contract for the supply of identity cards to the government.

For its first quarter ended June 30, Datasonic chalked up a net profit of RM7.39 million on revenue of RM48.78 million. Compared with the corresponding period a year ago, net profit fell 51% while revenue declined 18.83%.

On its prospects, it says its order book was at RM885 million as at June, and “the prospects for growth are expected to be satisfactory in the financial year ending March 31, 2019”.

As at end-June, Datasonic had cash and bank balances of RM11.80 million and deposits with licensed banks of RM6.40 million while long-term and short-term debts were RM87.75 million and RM52.46 million respectively.

Certain quarters say the contract has a requirement that the winning bid be that from a wholly-owned bumiputera company. This, however, remains unsubstantiated and seems unlikely considering Datasonic is a publicly traded company.

Datasonic’s substantial shareholders include its managing director Datuk Hanifah Noordin, who has a 28.38% stake, deputy managing director Chew Ben Ben (25.67%) and Lembaga Tabung Haji (9.49%).

Iris’ substantial shareholders are Datuk Paul Poh Yang Hong with a 15.70% stake, the Federal Land Development Authority (14.60%), Datuk Rozabil @ Rozamujib Abdul Rahman (10.78%) and Datuk Robin Tan Yeong Ching, the son of tycoon Tan Sri Vincent Tan Chee Yioun (8.33%).

Iris and Datasonic have been competing with each other for some time now. While Iris was a pioneer in the business and made the world’s first electronic passport as well as secured the contract for the implementation of the MyKad in 2001, the company ventured into new businesses and lost its focus.

Iris ended trading last Friday at 14.5 sen, giving it a market capitalisation of RM430.1 million, while Datasonic closed last Friday at 72 sen, translating into a market capitalisation of RM972 million.

AN upcoming contract valued at about RM300 million by the government to supply raw identification cards to the National Registration Department could see a two-horse race between Datasonic Group Bhd and Iris Corp Bhd, industry sources say.

While there may be foreign companies participating in the tender, it is understood that the national security aspect would lead to the contract being awarded to a Malaysian outfit.

The tender should be called soon, with the current contract held by Datasonic expiring at end-December next year.

Back in May 2016, Datasonic announced that it had accepted a letter of award with a contact value of RM260.4 million to supply 12 million MyKad raw cards and MyKad consumables starting July 2016 to December 2019.

This would indicate that a contract may be awarded by the third quarter of next year or early in the fourth quarter.

“From what we know, Iris has already been called in to meet JPN (Jabatan Pendaftaran Negara or National Registration Department) to exhibit its capability,” a source familiar with the matter tells The Edge.

However, when contacted, Iris CEO Shaiful Subhan declined to comment. Some of the company’s substantial shareholders also declined to comment.

It is understood that the contract is attracting considerable interest as its margins are quite high — in the region of 20% — which would augur well for the likes of Iris.

For the first three months of its financial year ending March 2019, Iris registered a net profit of RM8.68 million on revenue of RM75.81 million. Compared with the corresponding period a year ago, net profit was up 66.60% despite turnover declining by almost 25%.

Nevertheless, to put things into perspective, Iris suffered losses over the last four financial years, and had accumulated losses amounting to RM318.67 million.

As at end-June this year, Iris had short-term deposits of RM58.57 million and cash and bank balances of RM37.14 million. Its long-term borrowings amounted to RM129.19 million while short-term debt commitments were RM44.25 million.

Iris is an established player in trusted identification systems and cards, and has a significant international presence spanning more than 32 countries. The company has been hiving off non-core businesses, such as its education and mining operations, to focus on identification cards and the like.

On its prospects, Iris says it expects to derive revenue from ongoing trusted identification projects in Africa, Asia, Asia-Pacific and North America, and adds that “the management of Iris is positive about the group’s prospects and expects continued growth of Iris’ business operations and financial performance”.

Meanwhile, Datasonic — via its wholly-owned Datasonic Technologies Sdn Bhd — currently has the contract for the supply of identity cards to the government.

For its first quarter ended June 30, Datasonic chalked up a net profit of RM7.39 million on revenue of RM48.78 million. Compared with the corresponding period a year ago, net profit fell 51% while revenue declined 18.83%.

On its prospects, it says its order book was at RM885 million as at June, and “the prospects for growth are expected to be satisfactory in the financial year ending March 31, 2019”.

As at end-June, Datasonic had cash and bank balances of RM11.80 million and deposits with licensed banks of RM6.40 million while long-term and short-term debts were RM87.75 million and RM52.46 million respectively.

Certain quarters say the contract has a requirement that the winning bid be that from a wholly-owned bumiputera company. This, however, remains unsubstantiated and seems unlikely considering Datasonic is a publicly traded company.

Datasonic’s substantial shareholders include its managing director Datuk Hanifah Noordin, who has a 28.38% stake, deputy managing director Chew Ben Ben (25.67%) and Lembaga Tabung Haji (9.49%).

Iris’ substantial shareholders are Datuk Paul Poh Yang Hong with a 15.70% stake, the Federal Land Development Authority (14.60%), Datuk Rozabil @ Rozamujib Abdul Rahman (10.78%) and Datuk Robin Tan Yeong Ching, the son of tycoon Tan Sri Vincent Tan Chee Yioun (8.33%).

Iris and Datasonic have been competing with each other for some time now. While Iris was a pioneer in the business and made the world’s first electronic passport as well as secured the contract for the implementation of the MyKad in 2001, the company ventured into new businesses and lost its focus.

Iris ended trading last Friday at 14.5 sen, giving it a market capitalisation of RM430.1 million, while Datasonic closed last Friday at 72 sen, translating into a market capitalisation of RM972 million.

HAHAHA...

KUALA LUMPUR (Oct 4): Bursa Malaysia's aluminium-related counters such as Press Metal Aluminium Holdings Bhd and Alcom Group Bhd gained amid supply worries as closure of the world's largest alumina refinery run by Norsk Hydro in Brazil pushed aluminium prices up to their highest in about three months.

At Bursa Malaysia, Alcom gained six sen to 64 sen at 10:29am. At 10:45am, Press Metal rose 16 sen to RM5.12 among top gainers.

Reuters reported that Norsk Hydro said on Wednesday that it would halt production indefinitely and lay off 4,700 people at Brazil's Alunorte refinery, which has been operating at half capacity since March due to an environmental dispute.

It was reported that three-month aluminium on the London Metal Exchange was up 1% at US$2,228 a tonne by 0215 GMT, after earlier hitting US$2,246, the highest since June 15. The metal surged 4.2% overnight, its largest single-day gain since April.

Argonaut Securities analyst Helen Lau was quoted as saying the shutdown of the Alunorte plant "will worsen the global supply tightness as production resumption by refineries elsewhere will take time to fill the void".

"Therefore we expect alumina prices to rise further," Lau said.

next tp .40



Brent crude rose $1.49, or 1.8 percent, to settle at $86.29 a barrel, after hitting $86.74, its highest since Oct. 30, 2014. U.S. crude settled $1.18, or 1.6 percent, higher at $76.41 a barrel, after touching a session high of $76.90.

发啊!!!

0.3 all in???

bought some .8c this morning, escape .85c.... game off

Lets ride it...

yes guru, me also bought some at .9c

Just action goreng....beware

https://youtu.be/dQw4w9WgXcQ. This is best

vivo CON

Good morning paktua, have a nice day ahead

better delisted asap this STUPIDITY company

哈哈哈。。。

Game still ON

50

Lets play the game

game starts

GOGOGOOOOOOO.........