https://www.google.com/amp/s/www.nst.com.my/node/532940/amp
Malaysian homes 'seriously unaffordable', says BNM official
No idea who actually benefited from all these construction of expensive houses? Definitely not the minority SH, not the poor. Situation will continue as no effective actions seriously taken as authorities and companies management will love to enjoy their high remuneration. But at the same time talk responsibily.

Sunset? On line purchase becomes a norm. Rising number of convenient stores such as 99 (dekat lagi murah), KK stores, 7/11, shops selling vegetables, fruits and meats....
Challenging environment and really need to pump in new elements to survive better.

7 days ago rhb said it may rebound higher, hopefully is not paid for doing that. Bursa should formulate window period where analysts should not published their remarks during window period, eg close to results announcement, same go to management for commenting its potential as may subject to abuse.

Minimum wage hike does not address high cost of living, says Malaysian Employers Federation...... want the best of everything..... wages lowest is the best so that management and bod can continue to withdraw higher remuneration; so that low wages human continue to be exploited for few people benefits....

McKinsey
https://www.google.com/amp/s/www.cnbc.com/amp/2019/10/22/nearly-60-percent-of-global-banks-would-not-survive-another-downturn-mckinsey-warns.html

McKinsey
https://www.google.com/amp/s/www.cnbc.com/amp/2019/10/22/nearly-60-percent-of-global-banks-would-not-survive-another-downturn-mckinsey-warns.html

Earlier denied burning in Indonesia. Moment of truth.
http://www.enanyang.my/news/20191022/%e6%b6%89%e5%8d%b0%e5%b0%bc%e7%83%a7%e8%8a%ad-br%e5%98%89%e9%9a%86%e5%8f%91%e5%b1%95%e5%ad%90%e5%85%ac%e5%8f%b8%e9%81%ad%e5%88%b6%e8%a3%81/

Without amanah support, price may have touched 7.80.

Challenging qtq results; about 15b of borrowings may limit dividend. TP78. May push up before results announcement.

Trading range 2.80_3.50.

Est challenging Sep results you, may push up before announcement as like Hai O, then drop after announcement. TP 80-95.

Sep results should be reversed positively, if give dividend, may temporary up.

To what extent foreign workers policy would have impacted on its bottom line, management payroll as well as dividend? Without foreign workers, believe all the above will drop, especially the dividends.

Est coming quarter results yoy +/- 10%.

May push up before announcement of Q results which personally expect to be poorer as last Sep results was at the high end. Hai O, for eg, was pushed up before the announcement of poorer results, then dropped quite substantially. ST 85 remains. LT positive if business momentum remains and environment strengthened.

@analysts... I had been observing this counter when it was around $1 around 5 years ago and attracted by its nta then. Luckily did not invest in it but just wish to highlight some concerns noted. You or other SHs should request for clarification on the above and ask whether non controlling interest provided any resources for those projects undertaken.

I won't just comment just because I didn't own the stock. In the case of London biscuit for eg, where I invested some before, yet I critiqued it when it was traded above 60 after hold for a few years. Anyway, I finally disposed of above 60 as trust on management has ceased, and huge borrowings as well as frequency of private placements are just beyond my tolerance level.

Good luck anyway.

When US imposed tariff, price dropped from above 60 to below 50. When US uplifted tariff, price is unable to surge. May be is timing as global environment is becoming even more challenging now.

Unresolved trade conflicts, countries in war increasing, political environment remains gloomy as politicians trying to survive better but not for the nation, etc. Anyway, good luck everyone.

enigmatic... yes, based on notice received. Luckily some other banks or development banks have not changed yet. Some bod of pbb are used to be regulators, yet they can't wait to squeeze consumers for their own interest. Shame on them.

TP15 amidst on going attempts to exploit consumers in addition to potential rate cut, global trade conflicts, new payments players, political environment uncertainty, relatively expensive if based on valuation, and old man syndrome.

Running out of idea to squeeze consumers:

Please be informed that with effect from 8 November 2019, the Interest/Profit Payment Mode for all
existing Fixed Deposit/Term Deposit-i (FD/TD-i) placements under the Bank’s FD/TD-i Campaigns
launched since 2016 will be converted from ‘Monthly Crediting to Current Account/Account-i or
Savings Account/Account-i’ to ‘Crediting to Current Account/Account-i or Savings Account/
Account-i Upon Maturity’.

Is better under the old regime before merger as small banks are willing to offer better services and interest rates. Regulators and authorities often shouting to minimise income discrepancies but the actions they took always caused more damages.

“Since these units remain unsold, why not let foreigners buy them? It helps revive the local construction industry and ensures developers have a healthy working capital,” Lim told ....
In the first place, who asked developers to construct so expensive houses which does not meet the local low income condition. All just want to get rich fast. As for minority SHs, whether those units sold or not they will continue to get little dividends, no idea the $ ultimately go to where.

ST 4.80_5.30.

Policy expired also no reminder, poor control.

Bursa Malaysia Securities Bhd has publicly rapped five directors of Industronics Bhd and fined four of them for failing to ensure transactions it undertook for a proposed share subscription in Singapore-listed Vashion Group Ltd in 2014 would not be detrimental to the company and its shareholders.....

...how about lky buying from his loss making company? May be it is value add for investors?

TP 2.80_3.50 before results announcement.

Sep. Results yoy should be lower. TP85

Quite unlikely Sep results yoy is good as last year Sep results is quite high. Nonetheless, increase debtors under current assets and report a good revenue can be ideal, as like sasbadi or london?

Still well supported. Price rightfully should fell faster as fundamentals are weak.

Change... because take turns to withdraw remuneration but dividend has yet to be seen. Change is also the easiest management job. Eg. Bank Pertanian changed to Agro Bank, BSN changed its branch signboard those day, etc. Div.... Outstanding loans is just too huge, only beautiful nta.

Reasonable price if DY=3% at least.

40 million in total to be paid to beneficiaries.. well done ioi management.

Oct results yoy est to be lower as last Oct is relatively high. Anyway price may be pushed up before results announcement then drops after announcement just like HaiO.

Take care of developers are more important then helping low income or youth to acquire their own houses with affordable pricing? Even developers managed to sell to foreigners, minority SHs will not receive high dividend. No idea who actually benefitted from all these?
3.5b borrowings, LT is likely gone but ST potential speculative play.

Everyone ask for more $:
B40
M40
Companies, even profit making like top glove also want more incentives.
Of course, all workers, regardless of highly paid or those being exploited. And the greedy management and bod where remuneration does not link to bottom line.
MT est, MYR to become 4.80 so that exports remain competitive in terms of pricing; cost of living continue upwards trend as imports become more costly due to weak MYR. Income discrepancies continue to widen as policy makers only formulate generic statement but blur in action plan. Even among government servants and statutory bodies staff, income discrepancies is high. Full disclosure is necessary to build in public scrutiny for a fairer system.

In short, save and invest within own risk appetite as don't expect much from anyone. Good luck.

Only for speculation play. As highlighted, when making profit, non controlling interest shared most of its profit (did they contribute any resources for those projects???), this is extremely odd. You can make a comparison with other listed companies on net profit distribution. Next, outstanding borrowings will kill the company, just interest itself is too heavy.

Just too small to swallow big project. Anyway, good for goreng.

Proceeds may just sufficient to pay management and bod remuneration for few years.

Simedarby plantation was downgraded, more so for this.

As if the regulator doesn't know. If not some issues pop out, may not fine so fast. Jaga sendiri may be already the culture. Governance structure just to bullshit. TP3.00

Property developer Selangor Dredging Bhd (SDB) wants the government to introduce a policy that provides first-time property purchasers a higher margin of financing and a longer loan tenure of 45 or 50 years...... better ask for 100 years, 3 generations loans.

Believe minority SHs will ask for a higher dividends but don't think management is capable to deliver and want to listen. If you think total dividends in the next 15 years can totalled up to $600, may take the risk. Otherwise just sell and keep $600 in EPF for 15 years.

Well supported at this range, may be is waiting to trap more. Range bound ST 24.5-30.5. LT 50.

Rain T. Agreed totally. Just invest within our risk appetite. Minority SHs are the last one to know the outdated information. Poor regulatory regime, inefficient and ineffective enforcement added additional risks. Good luck for you.

Company name in Cantonese means "semua jatuh". Who would offer contracts to a problematic company? Best for trading as it is cheap and low for negative reasons.

Everyone ask for more $:
B40
M40
Companies, even profit making like top glove also want more incentives.
Of course, all workers, regardless of highly paid or those being exploited. And the greedy management and bod where remuneration does not link to bottom line.
MT est, MYR to become 4.80 so that exports remain competitive in terms of pricing; cost of living continue upwards trend as imports become more costly due to weak MYR. Income discrepancies continue to widen as policy makers only formulate generic statement but blur in action plan. Even among government servants and statutory bodies staff, income discrepancies is high. Full disclosure is necessary to build in public scrutiny for a fairer system.

In short, save and invest carefully as don't expect much from anyone. Good luck.

LT=NTA. ST range bound 22_30.

No idea which country would give contract to a non performing company? Creating market momentum may be the company best competency.

Half dead + Half dead = Sure die. Anyway, may be good for trading. Cash call is needed to improve capital structure and liquidity.

“Based on data from Bursa, foreign investors sold a whopping RM770.8mil net of local equities last week, more than four times compared to RM150.9mil in the week before.
Read more at https://www.thestar.com.my/business/business-news/2019/10/07/intensified-foreign-selling-seen-on-bursa-malaysia#ED2Wiu3UWL5B5YaQ.99

“Based on data from Bursa, foreign investors sold a whopping RM770.8mil net of local equities last week, more than four times compared to RM150.9mil in the week before.
Read more at https://www.thestar.com.my/business/business-news/2019/10/07/intensified-foreign-selling-seen-on-bursa-malaysia#ED2Wiu3UWL5B5YaQ.99

“Based on data from Bursa, foreign investors sold a whopping RM770.8mil net of local equities last week, more than four times compared to RM150.9mil in the week before.
Read more at https://www.thestar.com.my/business/business-news/2019/10/07/intensified-foreign-selling-seen-on-bursa-malaysia#ED2Wiu3UWL5B5YaQ.99

Newsbreak: Bank Negara extends timeline for fire insurance detariffication.... if for the industry benefits, can always defer, all players and regulator are happy but consumers will be frustrated but unable to do anything. This is shared prosperity. For fees and charges, can't wait to implement ASAP to exploit customers.

On earth who wants to offer contract or project to a poor performance company? Start from beginning is just for goreng.