LOOK LIKE SELLING COME

the best price to enter

0.335 - 0.200 = 0.135

valuation already high what to keep.

something is very wrong with the company and there keep on promoting other business which not relate tot he main business like delivery business, aerospace and so on...

The Issue Price represents a discount of RM0.0995 or approximately 5% to the 5D-VWAP of the MSC Shares up to and including 19 July 2021 of RM1.9995 per MSC Share. 19 July 2021 is the last market day immediately preceding the Price-fixing Date.

ANY NEWS

The share price will be stagnant although cash rich. Will come down due to the esg issue for plantations. Motor business also at risk. When economy no good than honda car will be affected the sales. With our RM keep devalue. The plus point is the Indonesia operation in Indonesia but covid cases still up ....

is the factory open

on the way down to 0.390

For Wilmar to invest, sure there want control. Without control the refinery will not make money.

Hop Hing Group Holdings Limited the QSR Group owns the rights to operate the Yoshinoya (吉野家) and Dairy Queen QSR chains in the Northern regions in the PRC, spanning across Beijing and Tianjin municipalities, Hebei, Liaoning, Heilongjiang and Jilin Provinces, and the Inner Mongolia Autonomous Region in the PRC. Yoshinoya is a well-known beef bowl brand with over 100 years' history, while Dairy Queen is a popular ice-cream brand with over 70 years' history.

What about hop hing group. Also listed in Hong Kong.

IT WILL DEFINTELY GOOD NEWS FOR THE COMPANY GOING FORWARD.

DKSH manufacturers of medical devices, disposables, capital expenditure equipment, in vitro diagnostics, orthopedics, cardiac devices, wound care, hospital supplies, diagnostic imaging, ophthalmic, endoscopy, dental care and patient monitoring solutions. Some of our current clients include Alcon, Baxter, Johnson & Johnson LifeScan, Medtronic, Roche Diagnostics and Straumann.

One of the genting investment in life science going listed is Celularity

I rather wait until below rm1.40

he Board of Directors of WCT wishes to announce that WCTB had on 16 July 2021 received a sum of AED279,450,438.83 (Arab Emirates Dirham Two Hundred and Seventy Nine Million, Four Hundred and Fifty Thousand, Four Hundred and Thirty Eight and Fils Eighty Three) (approximately *RM319,179,907.72 [Ringgit Malaysia Three Hundred Nineteen Million, One Hundred Seventy Nine Thousand, Nine Hundred and Seven and Cents Seventy Two ]) being the Initial Payment in accordance with the Settlement Agreement dated 13 July 2021 (“Settlement Agreement”). With the receipt of the Initial Payment, the Settlement Agreement has become unconditional.

Any material development of this case will be further updated.

This announcement is dated 16 July 2021.

* Based on exchange rate as at 15 July 2021

PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN MSC ("MSC SHARES") ("PLACEMENT SHARES"), REPRESENTING NOT MORE THAN 5% OF THE TOTAL NUMBER OF ISSUED MSC SHARES (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")

MSC is doing private placement as expected.

PROBLEM IS NO GROWTH

So the risk is there. If can wait for the share to drop only enter. Probably below rm0.39 the best

Pelican will be adjusted. The payment Oy after 6 months if the deal go through. If fall through no dividend

rm0.35 harga yang baik untuk membuat perlaburan. tunggu harga turun.

Is an enhancement to the company anyway. Cash per share maybe around rm0.53 Sen after deduct all the expenses. The debt that wct have is long term and already built into the price....

at least we can buy at low price...but will not low once people notice it

Besok up all the way. Mungkin break rm0.77 to 0.90. nta ialah rm0.77. mana tahu disposed lebih banyak asset lagi.

harbour need to drop below rm 0.87. if not forget. no need to enter

If can reach rm1.50 that is the best. But I doubt so unless keep it for another years. But with the fund manager in the company, the company have have potential to move in the right direction.

see can break rm0.55 tomorow.

better wait and see. than regret

SEE CAN DROP BELOW THE 0.40 SEN

OPERATOR SELL TO RETAILER. NORMAL LAH

PELIKAN COULD NOT BREAK 0.45 SEN ONE

so i think is better to wait until drop below rm0.37 than buy if you do not have any . if you want to have exposure than can buy at current price....

the risk is if the buyer do not want to buy????

nanti takut kena tipu. nanti jatuh balik pergi 0.21

what is could not be sold off

your source please

may be downtrend....to rm2.00

Pelikan International Corporation Bhd
<PELK.KL>:
* UNIT TO SELL GERMAN LOGISTICS CENTRE FOR EUR81.0 MILLION
* SEES ONE-OFF GAIN OF 184.83 MILLION RGT IN RELATION TO
PROPOSED
DISPOSAL

wow pelikan i sup. any news

hope with the rahman mining reopen can at least can have tin mine directly so that can cover the smelting tin division... if the price can maintain at this level than at least the price can stay. if not than the price will go down again.

wait until goverment dsolve. ....much lower price maybe below rm2.00

Let me venture a guess as to what actually happened: KPMG has discovered something in the course of the auditing of the company (or, the group) and it wished to report these in the financial statement. If these were irregular transactions, KPMG wants to include these in the report together with management's explanation. If these could lead to losses to the company (or, the group), KPMG wants to make a provision for the losses. I am confident that the KPMG team leader has brought the matter up to the management in order to seek an explanation and then he would have recommended the proper course of action. The management disagreed with the recommendation. What could KPMG team leader do? It must have been a very serious matter which may jeopardise KPMG’s professional reputation as well as exposing it to professional liability if it chose not to do anything. As such, it has no choice but to bring the matter to the audit committee comprising of independent directors of the company. And, that's when the whole thing blew up.

The best course of action for Serba Dinamik would have been to appoint an independent audit firm to investigate the matter. The fact that this option was initially considered, however reluctantly but now no longer pursued, is simply because it is a dead-end. The named independent audit firm, Ernst & Young would in due course come to the same conclusion as did KPMG. So what can Serba Dinamik's management team do?

plantation in miri subis , suai area new cluster in the making.....

the share price will go down to rm1.40 i think...

Cpo may is rm3,300

PETALING JAYA: The restriction on the tin smelting and mining operations of Malaysia Smelting Corp Bhd (MSC) during phase one of the National Recovery Plan has led to an indefinite suspension of the Kuala Lumpur Tin Market (KLTM).

MSC is the world’s third-largest tin supplier as well as the world’s largest toll smelter. A large portion of its 40, 000 tonnes of tin ore annually is smelted and traded on the local physical tin market in Malaysia.

When contacted, MSC chief executive officer Datuk Patrick Yong said, “To the best of my memory in my short stint in the tin business, this may be the first time the KLTM is suspended due to the stoppage in MSC’s production.”

Given that MSC is the sole tin smelter and the only industrial scale miner in Malaysia, he noted that the operation restriction would limit the group’s production, thus surely affecting the turnover of the KLTM.

He told StarBiz that “although the KLTM is technically independent of MSC, other than being related in trading, the physical tin market is also linked by the supply chain of the tin being traded and MSC happens to be the only smelter in the country and supplies over 95% of tin to the KLTM”.

MSC tin ingots
MSC tin ingots


The current restriction on operations has also disrupted its tin supply to both the London Metal Exchange and the KLTM, added Yong.

“As we are restricted to operating at 10% of our total workforce, we can only keep our furnaces and kettles warm and are unable to operate efficiently.”

MSC also had to declare a force majeure to protect the group from international contractual obligations, Yong pointed out.

“Since we supply the bulk of tin traded on the KLTM, and with this stoppage of production, the situation has led to the suspension of all tin trading activities on the KLTM until MSC’s operation is back to normal, ” he added.

During the movement control order (MCO) 1 and MCO 2, MSC was classified as an essential and integral part of the global supply chain by the International Trade and Industry Ministry.

“Much to our surprise and dismay, when MCO 3.0 was announced, we were restricted to operate with only 10% of our workforce, under ‘idle-warm’ despite nothing much having changed in the operations of our tin smelters and mine, ” Yong said.

With such restrictions on its workforce, no tin can possibly come out from MSC’s tin mines which are managed by Rahman Hydraulic Tin Sdn Bhd and its tin smelting plants. Yong also expects trading on the KLTM to remain suspended until MSC receives the approval from the relevant authorities.

The imbalance in the supply and demand position will drive tin prices higher, affecting industries that require tin in their downstream activities.

MSC tin smelting
MSC tin smelting

Yong cautioned that “more local industries such as tin canning, tin plating and solder making which require tin will now have to import tin at a higher price.

“Even the collection of royalties and levies by the state departments will not be spared. These are just a few of the collateral damages.”

Another point highlighted by Yong is on MSC’s status as the world’s largest custom toll smelter.

The group has to source and receive tin ore from third-party miners from all over the world such as Brazil, Peru and Indonesia, among others.

“The Covid-19 pandemic presented these countries with challenges and coupled with the restriction on MSC’s operations, it further impacted the global tin supply chain, causing tin prices to shoot up sky high internationally, ” he added.

Furthermore, the drop in MSC’s tin production will have a global impact, namely, in the semiconductor and photovoltaic industries.

The rise in demand for more electronic devices and renewable energy has led to a sharp rise in prices of solar panels and solder.

To date, half of the global tin demand is used as tin solder, which is needed to attach the electronic components to circuit boards as well as to connect cells in a solar panel.

Operational-wise, Yong pointed out that for MSC, there was very little damage control that could be done except to bite the bullet.

“However, we have utilised this non-revenue time to do planning and activities low down the merit list.

“We have also written to appeal to the relevant authorities to allow resumption of production, ” he added.

According to Yong, the higher tin price will affect MSC more in the mining sector as “our export value of tin metal will greatly benefit us.

“Our inventory of tin containing material will also benefit from the price hike.

“As far as the toll smelting business is concerned, there will be little effect as we earn tolling charges. The lower turnover in smelting volume will translate to slightly lower earnings.”

He also expects that MSC can return to full operations in a couple of months after the situation is all cleared with lower Covid-19 infections.

Nonetheless, with MSC’s new smelting plant in Pulau Indah, the main benefit will be in improved smelting speeds and effic