“In the end banking is a very good business unless you do dumb things. You get your money extraordinarily cheap and you don't have to do dumb things. But periodically banks do it, and they do it as a flock, like international loans in the 80s. You don't have to be a rocket scientist when your raw material cost is less than 1.5%.”

Warren Meow Buffett

“In the end banking is a very good business unless you do dumb things. You get your money extraordinarily cheap and you don't have to do dumb things. But periodically banks do it, and they do it as a flock, like international loans in the 80s. You don't have to be a rocket scientist when your raw material cost is less than 1.5%.”

Warren Meow Buffett

“In the end banking is a very good business unless you do dumb things. You get your money extraordinarily cheap and you don't have to do dumb things. But periodically banks do it, and they do it as a flock, like international loans in the 80s. You don't have to be a rocket scientist when your raw material cost is less than 1.5%.”

Warren Meow Buffett

92 sen oledi with 15 million shares traded...

Great start for the week..

Thanks for sharing SinGor!

Gamuda Bhd (KL:GAMUDA) and Sunway Bhd’s (KL:SUNWAY) construction arm emerged as HLIB’s top picks as both companies have strong pipeline visibility and are in the earnings upcycle phase, it noted.

Gamuda Bhd (KL:GAMUDA) and Sunway Bhd’s (KL:SUNWAY) construction arm emerged as HLIB’s top picks as both companies have strong pipeline visibility and are in the earnings upcycle phase, it noted.

https://theedgemalaysia.com/node/728787

DneX try to capitalise on Google’s announcement this week, unfortunately it was a one day show. The excitement just cool down as everyone is still busy with Mulan..

KUALA LUMPUR (Oct 2): Google held a groundbreaking ceremony on Tuesday at The St Regis Kuala Lumpur to commence the construction of its first data centre in Malaysia at Sime Darby Property Bhd's (KL:SIMEPROP) Elmina Business Park in the City of Elmina township, Selangor.

The hyperscale data centre will be built according to Google’s customised specifications and infrastructure requirements. It is targeted to be completed in early 2026 and will be operated by Google upon completion. Located in Elmina Business Park, the park is designed to support the digital economy with infrastructure such as large-scale water and energy solutions. It expects to attract data centres, large-scale manufacturers, and small and medium enterprises. About 35,000 job opportunities are expected to be created upon the park’s completion in 2035.

https://theedgemalaysia.com/node/728787

KUALA LUMPUR (Oct 2): Google held a groundbreaking ceremony on Tuesday at The St Regis Kuala Lumpur to commence the construction of its first data centre in Malaysia at Sime Darby Property Bhd's (KL:SIMEPROP) Elmina Business Park in the City of Elmina township, Selangor.

The hyperscale data centre will be built according to Google’s customised specifications and infrastructure requirements. It is targeted to be completed in early 2026 and will be operated by Google upon completion. Located in Elmina Business Park, the park is designed to support the digital economy with infrastructure such as large-scale water and energy solutions. It expects to attract data centres, large-scale manufacturers, and small and medium enterprises. About 35,000 job opportunities are expected to be created upon the park’s completion in 2035.

Malaya Blue Chips FF are moving to China.

This week $BIMB (5258.MY)$ has launched the second tranche of its RM5 billion sukuk wakalah program, totaling RM250 million. This additional tier-1 capital sukuk wakalah, which has a perpetual non-callable period of five years, received a long-term rating of A3 from RAM Rating Services Bhd. The funds raised from this issuance will be allocated towards financing the bank's general working capital needs and other corporate purposes.

Two years ago I subcribed to BIMB 1st Tranche RM5.82 billion sukuk wakalah to support our Islamic Bank after evaluating the Bank using Warren Buffett Economic Moat and Risk Analysis Framework using Jitta, this algorithm calculates BIBM Business Performance includes Earnings, Free Cashflows, Return on Equity, Net Profit Margin, Interest Coverage and Dividends over the last 10 years. On a Scale of 1 to 10, it gives a score of 5 which is below Buffet Business School recommendation above 7 to make a viable Business Investment.

Despite below Par rating Mabel decided to invest on the 1st Tranche Sukuk since almost all pilgrim who goes for Hajj and Umrah will use BIMB as Tabung Haji are not allow to handle banking services in Saudi Arabia (new regulation). Hence BIMB has become TH preferred bank to serve the pilgrims.

As a shareholder of BIMB, the issuance of the second tranche of its RM5 billion sukuk wakalah program can be seen as a positive development. Well Done BIMB!

A good example is Sapnrg Q2 Result recently.

The Groups have to make provision for Foreign exchange loss despite great progress. The Group reported a loss after tax and minority interests (“LATAMI”) of RM5 million in Q2 FY2025, compared to RM43 million of profit after tax and minority interest (“PATAMI”) in the corresponding quarter of the previous year (“Q2 FY2024”). Foreign exchange losses totalling RM101 million, primarily due to the depreciation of the US dollar against the ringgit, weighed heavily on the Group's results. Excluding the effect of foreign exchange losses, the Group’s Q2 FY2025 adjusted PATAMI is RM96 million.

Petronas Chemicals Group Berhad (PCHEM) did experience forex losses in their latest financial results. Specifically, in the first half of FY2024, PCHEM reported an unrealized forex loss of RM200 million due to the USD-denominated shareholders’ loan for the Pengerang Integrated Complex (PIC). This was a significant factor impacting their financial performance.

https://klse.i3investor.com/web/blog/detail/kenangaresearch/2024-08-19...

The strength of the RM is on an uptrend based on the technical chart. It looks like the appreciation of the RM is too fast and too soon, which may cause more problems for exporters to do business.

I strongly believe it would be beneficial for BNM to reduce the interest rate by 25 basis points to moderate the strength of the RM. A gradual appreciation of the RM would give businesses enough time to adjust to this new phenomenon.

There are many advantages to reducing the interest rate by 25 basis points. Loan borrowers would have lower installments to pay, freeing up extra money that can be used to invest in property, the stock market, buy cars, etc. This extra spending would improve the Malaysian economy and further boost GDP.

I hope BNM will reduce the interest rate by 25 basis points soon, as it would help the KLSE to perform better.

Singapore has a unique approach to managing its currency appreciation. The Monetary Authority of Singapore (MAS) primarily uses the exchange rate as its main monetary policy tool, rather than adjusting interest rates like many other central banks. Here are some key strategies they employ:

MAS manages the Singapore Dollar Nominal Effective Exchange Rate (S$NEER), which is pegged to a basket of currencies from Singapore’s major trading partners. By adjusting the slope, width, and midpoint of this policy band, MAS can influence the appreciation or depreciation of the Singapore dollar.

During periods of high inflation or economic recovery, MAS may allow the Singapore dollar to appreciate to control inflation. Conversely, during economic downturns, they might ease the policy to stimulate growth.

MAS often makes gradual adjustments to the policy band to avoid sudden shocks to the economy. This helps businesses and consumers adjust more smoothly to changes in the currency’s value.

By using these methods, Singapore aims to maintain price stability and support sustainable economic growth, balancing the needs of exporters and the broader economy.

Another example is PCHEM…

Petronas Chemicals Group Berhad (PCHEM) did experience forex losses in their latest financial results. Specifically, in the first half of FY2024, PCHEM reported an unrealized forex loss of RM200 million due to the USD-denominated shareholders’ loan for the Pengerang Integrated Complex (PIC). This was a significant factor impacting their financial performance.

https://klse.i3investor.com/web/blog/detail/kenangaresearch/2024-08-19-story-h-154104557-Petronas_Chemicals_Group_Not_Out_of_the_Woods_Yet

A good example is Sapnrg Q2 Result recently.

The Groups have to make provision for Foreign exchange loss despite great progress. The Group reported a loss after tax and minority interests (“LATAMI”) of RM5 million in Q2 FY2025, compared to RM43 million of profit after tax and minority interest (“PATAMI”) in the corresponding quarter of the previous year (“Q2 FY2024”). Foreign exchange losses totalling RM101 million, primarily due to the depreciation of the US dollar against the ringgit, weighed heavily on the Group's results. Excluding the effect of foreign exchange losses, the Group’s Q2 FY2025 adjusted PATAMI is RM96 million.

The strength of the RM is on an uptrend based on the technical chart. It looks like the appreciation of the RM is too fast and too soon, which may cause more problems for exporters to do business.

I strongly believe it would be beneficial for BNM to reduce the interest rate by 25 basis points to moderate the strength of the RM. A gradual appreciation of the RM would give businesses enough time to adjust to this new phenomenon.

There are many advantages to reducing the interest rate by 25 basis points. Loan borrowers would have lower installments to pay, freeing up extra money that can be used to invest in property, the stock market, buy cars, etc. This extra spending would improve the Malaysian economy and further boost GDP.

I hope BNM will reduce the interest rate by 25 basis points soon, as it would help the KLSE to perform better.

Singapore has a unique approach to managing its currency appreciation. The Monetary Authority of Singapore (MAS) primarily uses the exchange rate as its main monetary policy tool, rather than adjusting interest rates like many other central banks. Here are some key strategies they employ:

MAS manages the Singapore Dollar Nominal Effective Exchange Rate (S$NEER), which is pegged to a basket of currencies from Singapore’s major trading partners. By adjusting the slope, width, and midpoint of this policy band, MAS can influence the appreciation or depreciation of the Singapore dollar.

During periods of high inflation or economic recovery, MAS may allow the Singapore dollar to appreciate to control inflation. Conversely, during economic downturns, they might ease the policy to stimulate growth.

MAS often makes gradual adjustments to the policy band to avoid sudden shocks to the economy. This helps businesses and consumers adjust more smoothly to changes in the currency’s value.

By using these methods, Singapore aims to maintain price stability and support sustainable economic growth, balancing the needs of exporters and the broader economy.

Another example is PCHEM…

Petronas Chemicals Group Berhad (PCHEM) did experience forex losses in their latest financial results. Specifically, in the first half of FY2024, PCHEM reported an unrealized forex loss of RM200 million due to the USD-denominated shareholders’ loan for the Pengerang Integrated Complex (PIC). This was a significant factor impacting their financial performance.

https://klse.i3investor.com/web/blog/detail/kenangaresearch/2024-08-19-story-h-154104557-Petronas_Chemicals_Group_Not_Out_of_the_Woods_Yet

Here is a good example is Sapnrg Q2 Result recently.

The Groups have to make provision for Foreign exchange loss despite great progress. The Group reported a loss after tax and minority interests (“LATAMI”) of RM5 million in Q2 FY2025, compared to RM43 million of profit after tax and minority interest (“PATAMI”) in the corresponding quarter of the previous year (“Q2 FY2024”). Foreign exchange losses totaling RM101 million, primarily due to the depreciation of the US dollar against the ringgit, weighed heavily on the Group's results. Excluding the effect of foreign exchange losses, the Group’s Q2 FY2025 adjusted PATAMI is RM96 million.

#OTB The strength of RM is on the uptrend basing on the technical chart.
I agreed that the appreciation of RM is too fast and too soon.
It may cause more problem for exporters to do business.
I strongly believe it is good for the present government or BNM to reduce interest rate by 25 bp to reduce the strength of the RM.
It is also good that the appreciation of RM will be gradual and this will give enough time for all business to adjust to this new phenomenon.

There are many advantages of reducing interest rate by 25 bp.
All loan borrowers have lower installments to pay.
This extra money can be used to invest in property, stock market, buy car and etc.
This extra spending will improve the economy of Malaysia and improve GDP further.

I hope the BNM will reduce the interest rate by 25 bp soon.
If the BNM can reduce interest rate by 25 bp, it will help KLSE to perform better.
Thank you.
01/10/2024 9:56 AM

Totally in line with your thinking OTB..

Benchmarking..

Singapore has a unique approach to managing its currency appreciation. The Monetary Authority of Singapore (MAS) primarily uses the exchange rate as its main monetary policy tool, rather than adjusting interest rates like many other central banks. Here are some key strategies they employ:

MAS manages the Singapore Dollar Nominal Effective Exchange Rate (S$NEER), which is pegged to a basket of currencies from Singapore’s major trading partners. By adjusting the slope, width, and midpoint of this policy band, MAS can influence the appreciation or depreciation of the Singapore dollar.

During periods of high inflation or economic recovery, MAS may allow the Singapore dollar to appreciate to control inflation. Conversely, during economic downturns, they might ease the policy to stimulate growth.

MAS often makes gradual adjustments to the policy band to avoid sudden shocks to the economy. This helps businesses and consumers adjust more smoothly to changes in the currency’s value.

By using these methods, Singapore aims to maintain price stability and support sustainable economic growth, balancing the needs of exporters and the broader economy.

Meow

Great price recovery

Indeed superman!!!

Mixologist Trying really hard to connect Google’s data centre investment to Dnex
02/10/2024 8:13 AM

All the best to Dnex's shareholders..

Dnex has been a good counter in the past..

The potential revenue contribution from this venture remains unclear at this juncture, though we believe DNeX will be paid a percentage of the revenue generated from selling the services,” the research house added ..The partnership with Google will start contributing to DNeX's profit from the second half of 2025 onwards...

Mabel will wait and see how DNeX will progress in 2025...

To Your Success !

In term of Sector Finance and Construction are pretty closed with Finance having a slight edge over Construction.

Keep up this Good Work King KKK

You are the Best !

Thanks for sharing KingKKK!

Mabel invested in 3 Banks (Maybank, CIMB and BIMB). Yes all 3 are doing well with CIMB as the Best Performer.

Today so apy...

CIMB - Single-Tier First Interim Dividend of 20.00 sen & Single-Tier
Special Dividend of 7.00 sen per ordinary share

Earlier it was Maybank for 29 sen..

Thank you so much CMIB and Maybank...

Construction and Property, Mabel invested in Gamuda, Sunway and Sime Property. Gamuda is the best Performer between the 3.

Utilities was with YTL Power. However Mabel sold it at a decent profit when MACC came on board...

To Our Success !

Meow Meow Meow

Back to RM 5.80...

#epal22 Epal is shareholder, sharing the honour and defeat, epal do not ask when the price will go up. It probably will, when most ikan kena washed already.
01/10/2024 8:51 PM

Well done epal22!

Time travel fast when you are having fun. Q4 has begun..

Stocks closed higher to start the week and end the month, with all major indexes in the green for September at Wall Street.

Monthly gains: Dow up 1.85%, S&P 500 up 2.02%, Nasdaq up 2.68%, Russell 2000 up 0.56%, S&P 400 up 0.98%.

Q4 outlook: Historically the best quarter for stocks, with the S&P 500 typically increasing by over 4% and being up 80% of the time since 1950. Inflation continues to ease, and the focus shifts to the upcoming Employment Situation report.

Fed Chair Jerome Powell’s comments: Indicated two more rate cuts this year, totaling 50 basis points, which is consistent with previous statements. Stocks initially sold off but quickly recovered, viewing Powell’s comments as bullish. Chicago PMI and Dallas Fed Manufacturing Survey showed mixed results indicating a soft landing and no recession.

Malaysian KLCI was the best performing index this year until the Dragon wakes up last week in China with a strong Bazooka. Now the Chinese Index in Hong Kong and Mainland China has overtaken KLCI.

Fortunately KLCI valuation is still 14X against historical high at 16X to 18X. when KLCI was at the peak in 2018. Our economy is improving, Relative Stable Politics, Better expectation of corporate earnings in 2H, Foreign Investors positioning is still light.

There’s optimism for a strong finish to the year and let's hope for the Best !

Meow

intansri The announcement to replace company secretary and removed old one is a good sign to the company future in term of share price performance
01/10/2024 9:13 PM

Can you elaborate on this sir?

In what way?

Time travel fast when you are having fun. Q4 has begun..

Stocks closed higher to start the week and end the month, with all major indexes in the green for September at Wall Street.

Monthly gains: Dow up 1.85%, S&P 500 up 2.02%, Nasdaq up 2.68%, Russell 2000 up 0.56%, S&P 400 up 0.98%.

Q4 outlook: Historically the best quarter for stocks, with the S&P 500 typically increasing by over 4% and being up 80% of the time since 1950. Inflation continues to ease, and the focus shifts to the upcoming Employment Situation report.

Fed Chair Jerome Powell’s comments: Indicated two more rate cuts this year, totaling 50 basis points, which is consistent with previous statements. Stocks initially sold off but quickly recovered, viewing Powell’s comments as bullish. Chicago PMI and Dallas Fed Manufacturing Survey showed mixed results indicating a soft landing and no recession.

Malaysian KLCI was the best performing index this year until the Dragon wakes up last week in China with a strong Bazooka. Now the Chinese Index in Hong Kong and Mainland China has overtaken KLCI.

Fortunately KLCI valuation is still 14X against historical high at 16X to 18X. when KLCI was at the peak in 2018. Our economy is improving, Relative Stable Politics, Better expectation of corporate earnings in 2H, Foreign Investors positioning is still light.

There’s optimism for a strong finish to the year and let's hope for the Best !

Meow

#stkoay 1st day of 4th Q, stocks are warming up for next run.....
4th Q is normally good for stocks....
...hope this year is bull 4th Q due to declining interest rates....
01/10/2024 4:54 PM

Yes, Time travel fast when you are having fun. Q4 has begun..

Stocks closed higher to start the week and end the month, with all major indexes in the green for September at Wall Street.

Monthly gains: Dow up 1.85%, S&P 500 up 2.02%, Nasdaq up 2.68%, Russell 2000 up 0.56%, S&P 400 up 0.98%.

Q4 outlook: Historically the best quarter for stocks, with the S&P 500 typically increasing by over 4% and being up 80% of the time since 1950. Inflation continues to ease, and the focus shifts to the upcoming Employment Situation report.

Fed Chair Jerome Powell’s comments: Indicated two more rate cuts this year, totaling 50 basis points, which is consistent with previous statements. Stocks initially sold off but quickly recovered, viewing Powell’s comments as bullish. Chicago PMI and Dallas Fed Manufacturing Survey showed mixed results indicating a soft landing and no recession.

Malaysian KLCI was the best performing index this year until the Dragon wakes up last week in China with a strong Bazooka. Now the Chinese Index in Hong Kong and Mainland China has overtaken KLCI.

Fortunately KLCI valuation is still 14X against historical high at 16X to 18X. when KLCI was at the peak in 2018. Our economy is improving, Relative Stable Politics, Better expectation of corporate earnings in 2H, Foreign Investors positioning is still light.

There’s optimism for a strong finish to the year and let's hope for the Best !

Meow

Indeed..

today so apy...

CIMB - Single-Tier First Interim Dividend of 20.00 sen & Single-Tier
Special Dividend of 7.00 sen per ordinary share

Earlier it was Maybank for 29 sen..

Thank you so much CMIB and Maybank...

Meow Meow Meow

Thanks for sharing SinGor!

EU cannot produce economical EV car yet tries to Ban China EV. India, Africa and South America have about 2.8 Bil population. They cannot switch over to EV without financial support from Rich countries ( both EU and US spend 1.3 Trillion in Ukraine war + more $billion to support Israel in Middle East). Hence they need more taxes for Gov machinery to function, donation to poor countries. Furthermore USA 35 Trillion Debt. Hence despite metreoric rise in EV adoption, Fossil is here is here to stay.

Indonesia has asked ExxonMobil to raise its crude oil production from 125,000 barrels per day (bpd) to 150,000 bpd by 2026. The The Cepu Block, Exxon’s flagship project in East Java, currently contributes around 144,000 bpd to Indonesia’s total oil production of 577,000 bpd. Increasing production is expected to help reduce Indonesia’s budget deficit and dependence on oil imports. Partnership and Development: ExxonMobil, in partnership with PT Pertamina EP Cepu and local government companies, signed the Production Sharing Contract for the Cepu Block in 2005.

Generally, the break-even price is the minimum price per barrel at which oil producers can cover their costs and make a profit.

For example, in the U.S., the break-even price for new wells in the Permian Basin is around $62 per barrel, while existing wells can break even at about $38 per barrel. Globally, many new oil projects can break even below $50 per barrel. Brent is retailing at $71 per barrel. Hence it is still profitable business with 30% Margin.

KLCI Biggest Mover today are the Commodities. Well done PCHEM and KLK Plantation!

KLCI Biggest Mover today are the Commodities. Well done PCHEM and KLK Plantation!

Price target increased by 7.4% to RM8.83
Up from RM8.23, the current price target is an average from 17 analysts.
New target price is 9.3% above last closing price of RM8.08.
Stock is up 82% over the past year.
The company is forecast to post earnings per share of RM0.43 for next year compared to RM0.33 last year.

Likewise Sapnrg, cum next year...From PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

Meow Meow Meow

Over the last month, PN 17 Capital A Berhad’s stock price surged by 29%. Year-to-date (YTD), the stock has shown a significant increase, reflecting a strong recovery and investor confidence.

From PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

Meow Meow Meow

Right Dav...

As long it stays at 3 sen and above, it looks beautiful on Mabel P&L...hihihi

Back to 4 sen..hihihi

# stkoay So attractive, topped up during pre close at 8.05...
30/09/2024 5:00 PM

Indeed stkaoy..

CIMB is now in Pole Position after overtaking Gamuda in Mabel's 12 Portfolio, thanks for accumulating yesterday when at it was sold at a Bargain Price. KLCI is up by 1 points today..

CIMB has never failed to deliver when it matters!!!

To Our Success !!!

KUALA LUMPUR (Sept 30): Yinson Holdings Bhd’s (KL:YINSON) net profit fell 11.74% to RM203 million in the second quarter ended July 31, 2024 (2QFY2025), from RM230 million a year ago, on the back of lower revenue and as finance costs more than doubled.

Earnings per share came in lower at 5.6 sen in 2QFY2025, from 6.7 sen in 2QFY2024.

The oil and gas floating production storage and offloading (FPSO) asset operator declared an interim single-tier dividend of one sen per share, amounting to RM30 million. This brings its dividend payout to two sen per share for 1HFY2025.

Quarterly revenue dropped 31.19% to RM2.14 billion, from RM3.11 billion, mainly due to lower contribution from its engineering, procurement, construction, installation and commissioning (EPCIC) segment.

Finance costs, however, rose by RM243 million or 120% to RM445 million.

As at July 31, 2024, the group’s total loans and borrowings stood at RM19.58 billion, a 77% increase compared to RM11.06 billion a year ago. Its net gearing ratio currently stands at 1.84 times.

It said the increase in total outstanding loans and borrowings was mainly due to additional loan facilities being drawn down for project and working capital purposes.

For the first half of FY2025 (1HFY2025), its net profit also declined by 7.31% to RM406 million, from RM438 million in 1HFY2024, while revenue shrank by 28.95% to RM4.36 billion, compared to RM6.13 billion previously.

“The decrease in revenue was mainly due to lower contribution from EPCIC activities (based on progress of construction) as FPSO Maria Quitéria and FPSO Atlanta are expected to be completed by the end of FY2025,” it said.

The lower revenue was also due to the absence of the one-off effect of the exercise of the call option for the acquisition of FPSO Atlanta’s holding entity last year.

“This was partially offset by higher contribution from FPSO Anna Nery’s operations since first oil was achieved on May 7, 2023,” it added.

On prospects, Yinson sees expansion in all business units, including clean energy production and solutions, on top of its core FPSO projects.

“The demand for FPSOs is positive with the increase in project sanctions around the world particularly from Brazil, being the highest FPSO demand centre, followed by West Africa,” it said.

(Sept 30): More Chinese are headed to Europe and other far-flung hotspots during the Golden Week holiday that sees hundreds of millions in the country on the move, in the most robust signs of a travel rebound since the country reopened its borders.

Asian destinations from Japan to Malaysia are favoured during the week-long holiday that starts Oct 1, while some of the fastest-growing bookings are to long-haul spots including Belgium, Croatia, Nordic countries as well as the United Arab Emirates.

The recovery of overseas tourism from China is a critical metric for the global travel industry. Chinese holidaymakers, known for outspending tourists from most other countries before the pandemic, made 170 million trips abroad in 2019 and spent almost 1.7 trillion yuan (US$242 billion or RM998 billion) — making up 14% of global tourism spending, according to World Travel and Tourism Council data.

Malaysia’s capital city of Kuala Lumpur has seen a 142% increase in visitors compared to pre-pandemic levels, as well as double-digit growth to Hong Kong, Macau and Singapore where visa-free initiatives have boosted tourism..

Dav Yau Put money in Sapura is better than putting money in FD. By next year February you will get a return of 300%>>>>>lol
30/09/2024 2:19 PM

#kyliew White knight stories heard a lot but whether there's such existence only GOD knows... Haha.. Said it whatever you want to say
30/09/2024 4:34 PM

kyliew, you need to attend the AGM. This was mentioned by the board.

White Knight fully committed. Committed letter Feb 2024, Confidence to the lender, White knights significant help but remain anonymous...

They will appears when the times cum according to the Board. Mabel has more faith in Sapmrg 3rd Generation Leadership.

Sapnrg Leadership
1st Generation – Tan Sri Shamsuddin and Team
2nd Generation – Tan Sri Shahril and Team
3rd Generation – PNB and Team

Anyway, It's not too heavy to hold Sapnrg at 3 sen holding cost, can cover easily from Mabel's 3 Bank Dividends..

Beside it looks so green in Mabel's P&L...

Mabel is so excited from Capital A Turnaround story : PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

As Dav said, looking forward for another excitement with Sapnrg cum Next year...

Take it easy as there are many other counter to choose..stay out from Sapnrg if you don't believe in their turnaround story..

To Our Success

Meow

Today STI also soar another 13 points in the afternoon while our FBMKLCI is on a shake up starting the week with more than 7 points down. Fortunately it is trading above the 1st Support level of 1649…

Hence, Mabel used this opportunity to strengthen her Banking sector..

Today Mabel top up at 8.1 and 8...

So apy with today's collection...

Sotong so power...

To Our Success!

Meow Meow Meow

gadzooks Is it better to convert RCUIDS/Capitala-LA into mother share now (which will give more AAX shares but fewer Capitala shares after the disposal), or do it later immediately AFTER the disposal (which will result in more Capitala shares but fewer AAX shares after the disposal)?

Can anyone who has a good idea on this please share your views? Appreciate it, thanks.
30/09/2024 10:44 AM

Can anyone help our friend with this?

Mabel has no experience on RCUIDS as Mabel only buy mother shares..

Meow JR...

Well Cum Back Air Asia..

More Good News...

Capital A (AirAsia) has plans to rehire the employees who were retrenched during the COVID-19 pandemic. Group CEO Tony Fernandes has expressed a strong commitment to bringing back the 2,000 staff members who were let go. He mentioned that this goal is a priority for him and is confident that as the airline business picks up, they will be able to rehire these employees.

https://www.malaymail.com/news/money/2021/04/06/airasia-aims-to-re-hire-retrenched-employees-says-fernandes/1964237

RM 1.01 touch...

Life is soooo beautiful...

TalkNumberOne Surprisingly OKU king of terbalik no more noise. 😂😂😂😂 good for him la. Get to maintain 100% wrong prediction record. Perfect wrong. Have to respect this king of terbalik
30/09/2024 7:42 AM

hihihi

Cheers T#1

Mabel got so excited with Capital A - From PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!

Soon it will cum to Sapnrg too...

Meow Meow Meow

From PN17 to the Runway on Red Carpet with the biggest comeback from PN17 ever!