Tomorrow FGV back to above RM 1.7 on Idris Jala appointment?

Pak pendek out better?

CPO up RM 26.
http://www.bursamalaysia.com/market/derivatives/prices/

PM Najib said sell Proton can save taxpayers money why not sell FGV as well to save taxpayers money also?

Sell FGV to China company like DRB better?

CPO up today.
http://www.bursamalaysia.com/market/derivatives/prices/

CIMB posts record quarterly earnings of RM1.18b
http://www.thestar.com.my/business/business-news/2017/05/24/cimb-posts-record-quarterly-earnings-of-rm1pt18b/

5:55PM PARKSON Nine-month net profit 38.148 million
https://www.jupiteronline.com.my/masanews/web/browsenews.asp?RowSkip=100

CPO up not good news? Why drop?
http://www.bursamalaysia.com/market/derivatives/prices/

Even cut in export tax why bad news? Govn can cover tax from Magnum, Lee Kim Yew, etc.

If CPO up FGV cannot up BN must prepare to close shop after GE 14.

CIMB sees better times ahead after clearing provision burden
Read more at http://www.thestar.com.my/business/business-news/2017/04/29/cimb-sees-better-times-ahead-after-clearing-provision-burden/#UvIAs0OjkfOTuCE6.99

Heard 50 sen cash payment likely come true. Good chance to add if drop.

DJ up 201 pts now.
https://finance.yahoo.com/quote/%5EDJI?p=^DJI

Hopefully.

nicholai1983 Tuesday start again
23/04/2017 15:51

Cold Eye still not disposing is good news.

Gtronic YTD good but still down YOY. Still got leg to run up?

Bursa Malaysia to trend higher towards 1,800 points level next week
http://www.thesundaily.my/news/2212930

RGB EPS 0.2 sen 33 sen why Vivocom EPS 0.49 sen only 18 sen?

RGB EPS 0.2 sen 33 sen why Vivo EPS 0.49 sen only 18 sen?

Cheapest i3 trending stocks.

Awana Skyway sets record for number of passengers
http://www.thesundaily.my/news/2171749

Record number of cable car passengers for Genting resort
http://thesun-epaper.com/thu/23022017/index.html

Parkson Holdings - China Same Store Sales Recovering
Date: 22/02/2017

Source : KENANGA
Stock : PARKSON Price Target : 0.88 | Price Call : BUY
Last Price : 0.695 | Upside/Downside : +0.185 (26.62%)

1H17 core LATAMI widened to RM129.9m compared to the core loss of RM60.3m in 1H16. We consider the results to be within our expectation on a better 2H17 as China is showing positive signs of recovery with its first positive same-store-sales growth after recording negative growth over the past several quarters. Upgrade to OUTPERFORM from UNDERPERFORM. Our target price is raised from RM0.70 to RM0.88 as we impute higher target prices for both its listed operating units.

Result Highlights. QoQ, 2Q17 revenue rose strongly by 19%, thanks to its China operations recording its first positive quarterly same-store-sales growth (SSSG) (+1.4% vs. -7.3% in 1Q17) after declining for several quarters and Malaysia (+4.2% vs -6.6% in 1Q17). The positive growth from China and Malaysia more than offset the weaker performance in Vietnam (- 11.3 vs. -10.3% vs in 2Q17), Myanmar (-29.5% vs. -28.2% in 1Q17) and Indonesia (-11.3% vs. -13.1% in 1Q17). The weakness in Vietnam continued due to competitive pressure and the shutting down of nonperforming store. Indonesian operations were impacted by disturbances caused by demonstrations against the Governor of the capital city during the quarter. However, start-up losses and higher depreciations that were incurred for new stores, where sales are lower at the initial stage of operations, resulted in 2Q17 core net losses of RM67.3m (excluding one-off impairment losses on goodwill, property and receivables amounting to RM190m and stripping out gains from disposal of a subsidiary at approximately RM330m) compared to RM62.6m in 1Q17.

YTD, 1H17 revenue fell 2% mitigated by narrowing negative SSSG in China due to its transformational strategies undertaken, which are bearing fruits. SSSG rates across the board were mixed including Malaysia (-1% compared to 1H16 of -11%), Vietnam (-11% vs. -2% in 1H16), Indonesia (- 8% vs. +6% in 1H16). However, Parkson 1H17 losses widened to RM129.9m after stripping out: (i) gain from disposal of a subsidiary amounting to RM330m, and (ii) impairment loss on intangible assets and receivable (RM190m) compared to a loss of RM60.3m in 1H16 and start-up losses at some stores in China.

Outlook. The Group is focused on delivering its transformational strategies closely aligning with the evolving retail markets, which include: (i) enriching its retail format and expanding its product and services offerings, (ii) optimising store effectiveness and efficiency, and (iii) enhancing cross platform experience for its customers. Specifically, the first Parkson Newcore Citymall was officially opened in January 2016 in Shanghai, which offers value for money products in a vibrant, energetic and innovative shopping environment. Sales of this Korean-themed outlet increased visibly in 2016 compared to the year before. Building on the success of this Korean-themed outlet and the joint venture with E•Land Group, the Group is targeting to open a second Parkson Newcore Citymall in Nanchang during 1H 2017. In June 2016, the Group achieved a milestone with the grand opening of the 230,000 sqm Qingdao Lion Mall, signifying the Group’s move into the shopping mall segment in China.

Our target price is raised from RM0.70 to RM0.88 as we impute higher target prices for both its listed operating units (Hong Kong-listed Parkson Retail Group Limited and Singapore-listed Parkson Retail Asia Limited) on the back of a better trading sentiment. Upgrade to OUTPERFORM from UNDERPERFORM.

Source: Kenanga Research - 22 Feb 2017

Kenanga TP 88 sen.
http://klse.i3investor.com/servlets/ptres/39348.jsp

PRGL new high HKD 1.03. Can give share as rewards?
https://www.bloomberg.com/quote/3368:HK

Oil up heard can receive new contract soon.

http://www.thestar.com.my/business/business-news/2017/01/03/crude-palm-oil-jumps-outshines-equities-on-first-trading-day-of-2017/

Promising 2017 outlook for construction
http://www.thestar.com.my/business/business-news/2017/01/03/promising-outlook-for-construction/

Felda Global Ventures confident of emerging stronger in 2017
http://www.thestar.com.my/business/business-news/2017/01/03/fgv-optimistic-of-emerging-stronger-in-2017-zakaria-the-worst-is-over/

Oil up to USD 55.
http://finance.yahoo.com/quote/CL=F?p=CL=F

Flood in East Coast mean more road repair projects for Protasco?

Flood in East Coast mean increased demand?

Fund Managers' pick
http://www.thestar.com.my/business/business-news/2016/12/31/fund-managers-pick/

Malaysian palm oil price rises, closes with strongest annual gain in 6 years
http://www.thestar.com.my/business/business-news/2016/12/31/palm-oil-rises-to-close-year-with-strongest-annual-gain-since-2010/

Interestingly, 2017 will see the growth of smaller players like XOX Bhd, Tune Talk Sdn Bhd, Red One Network Sdn Bhd, PT Telekomunikasi Indonesia International (M) Sdn Bhd (Telin Malaysia), webe sdn bhd, YTL Communications Sdn Bhd’s Yes, and those with subscribers of below one million, to eat into the market share of the big players by catering to the needs of niche market and emerge as a new threat.
http://www.thestar.com.my/business/business-news/2016/12/23/competition-makes-telcos-find-new-income-streams/

Why sudden big volume? Good news coming?

Mixed reaction over plan to hike sugar price
http://www.thestar.com.my/news/nation/2016/11/26/sweet-to-some-bitter-to-others-mixed-reaction-over-plan-to-hike-sugar-price/

So good for PM Najib(M'sia) to have good relationship with China?

Indian railways ask again for safety funds after crash kills 150
http://www.theedgemarkets.com/en/article/indian-railways-ask-again-safety-funds-after-crash-kills-150

TP 3.34-MIDF, TP RM 3.6-RHB.
http://www.nst.com.my/news/2016/11/190761/airasia-proposes-lcct-sabah

Modi's government has pledged to invest $137 billion over five years to modernise its crumbling railways, making them safer, faster and more efficient.
India's Prime Minister Narendra Modi tweeted that he was "anguished beyond words" by the loss of life.
http://www.thestar.com.my/news/regional/2016/11/20/at-least-60-killed-in-india-train-derailment/

Some good news to be shared. KWAP will inject RM 700 million fund to buy stocks. 1 of them is Ivory.
http://klse.i3investor.com/blogs/bbcstock/109045.jsp

I got Gtronic and Ivory out of above 20 stocks.

PRGL up 4 sen.
https://www.bloomberg.com/quote/3368:HK

I beg to differ. Low margin mean easier to get job. Just like we go to restaurant. Do you want to go to restaurant overcharge you hence high profit margin? Or employer which you will hire high paying employee or low paying 1 for same job?

You are right. RMB 900 million profit will come soon.

Posted by yucaihacai > Nov 17, 2016 02:13 PM | Report Abuse
PRGL up jo lo, up 0.05 go 0.81 with high volume. Big talk will not tell you. Today noon got AGM at HK, got Good_News. Now best time to collect Parkson at low price.

Disposing PRC subsidiary RMB1,670,258,898.36. Weakening RM mean can gain more in forex.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5204893

OFI export to many countries their products. Weak RM can boost export revenues.

Disposing PRC subsidiary RMB1,670,258,898.36. Now RMB 0.6666 vs RMB 0.61 in Sep, gain 9.3% in 2 mths.
http://www.x-rates.com/calculator/?from=CNY&to=MYR&amount=1
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5204893