Followers
0
Following
0
Blog Posts
0
Threads
982
Blogs
Threads
Portfolio
Follower
Following
2018-11-27 11:57 | Report Abuse
Based good fundamental of sime...my TP is 4.00
2018-11-26 23:01 | Report Abuse
Maybe Trump collect at low oil price; time to rebound to earn money..!!
2018-11-26 22:58 | Report Abuse
oil up,Dow Jones’s up QR good results ...
2018-11-26 15:16 | Report Abuse
Soon Brent oil price go to 65usd
2018-11-21 17:29 | Report Abuse
This QR profits hv improved if compare to QR3 & QR4 2018
2018-11-21 16:51 | Report Abuse
Brent price rebound!!
Top up price can set at 0.995 to 1.10..worth buy
2018-11-21 13:18 | Report Abuse
PE for Myeg is low...price for this stock I think is undervalued
2018-11-21 12:57 | Report Abuse
When can this stock rebound up to over 2.00? Who can tell?
2018-11-18 22:56 | Report Abuse
Hold it until up to 2.++
2018-11-17 12:02 | Report Abuse
On Sunday, Falih, the Saudi energy minister, said the kingdom's oil shipments would fall by 500,000 barrels per day in December. The following day, he said OPEC and its partners could slash their collective output by 1 million bpd next year.
ClipperData figures show the Saudis are loading roughly 600,000 bpd on tankers bound for the United States this month, down from more than 1 million bpd in July and August. If official trade figures end up matching ClipperData's loading estimates, U.S. imports of Saudi crude are heading toward record lows.
2018-11-16 19:10 | Report Abuse
Ya hope Brent price up cross over 70 usd
2018-11-16 01:43 | Report Abuse
Australia's heavy machinery sales rebounded Sime Darby's industrial business to the next level
Orientaldaily Thu, Nov 15, 2018 - 2 hours ago
KUALA LUMPUR (April 15): Sime Darby (SIME, 4197, main board consumer stocks) expects that the turnover of the industrial products business in the 2019 financial year (June 30) will be further upgraded in view of the improvement in coal demand and the sales of heavy equipment in Australia. floor.
Sime Darby Chief Executive Officer Jeffrey Sarin told reporters after today's shareholders meeting that the Australian mining industry is recovering strongly, so the demand for machinery and trucks such as heavy industrial equipment has increased significantly, which is expected to significantly increase the company's Industrial product distribution business benefits.
Jeffrey said, "As of June this year, Sime Darby's industrial business held orders of RM2.7 billion, which is much more than last year's RM1.5 billion. Due to the low coal prices in the past few years, many mining companies have extended their heavy weight. New orders and repairs for equipment and trucks have caused our business to decline. However, as coal prices recover, the demand for heavy machinery and maintenance services we sell will pick up. In view of this, the industrial business in fiscal year 2019 The proportion of revenue will grow further."
He added that most of the RM2.7 billion orders will be delivered in the next six months to one year. Sime Darby, who settled on June 30 each year, was the largest source of revenue for the industrial products business in FY 2018. The business revenue reached RM13,411 million and contributed RM610 million in pre-tax profit.
It is worth mentioning that this shareholder meeting is the first shareholder meeting after the change of Sime Darby, so the future development direction of the company has become the focus of the market.
Sime Darby also launched a five-year "Creation Value Plan" covering six major directions: first, to increase turnover; second, cost optimization; third, to achieve internal growth; fourth, to sell non-core assets 5. Expanding the medical business; and 6. Synergistic mergers and acquisitions.
Big medical business
Jeffrey revealed that the company is looking to expand its medical business and become another core business. He explained that the company's goal is to double the number of beds from the current 1,500 to 3,000 in the next four to five years.
"We currently have 50% of our affiliated companies with Ramsay Group, 3 hospitals in Malaysia and Indonesia, and 900 and 600 beds. Looking ahead, we will try in countries with large populations such as Southeast Asia. The market has acquired other hospitals. Of course, we will also expand internally, but we will focus on mergers and acquisitions to grow."
On the other hand, the company also intends to sell its non-core assets and business. Jeffrey said that although it is impossible to disclose more details, the sale of port business is expected to be a priority. He pointed out that the company's port business still has a profit, but due to the trade war, the throughput of its three ports also fell slightly.
Regarding the automobile sales outlook, he replied that local car sales are roughly in line with the growth rate of economic growth. As Malaysia's economy is expected to grow by 5%, domestic car sales will also achieve similar growth.
"Although the market share of Mercedez in the luxury car market has surpassed that of BMW, BMW will expect sales to be recovered as BMW will introduce more new models in the future, such as the 3 Series luxury sedan. Lost land."
Overall, the trade war has little impact on Sime Darby in the short term. Although China accounts for 38% of the company's total revenue last year, because the locally sold Caterpillar machinery and BMW cars are assembled locally, there is roughly no such thing. Subject to tariffs.
Preview the first quarter results better
A small shareholder attending the shareholders meeting told Dongfang Finance, the company's management revealed that the results of the first quarter of 2019 (as of September 30) announced next week are expected to improve further. If the trade war does not deteriorate, the overall performance of the 2019 financial year is expected to continue to deliver good performance.
In addition, Jeffrey also revealed that if China produces electric vehicles (EVs) under the 3rd domestic car program, the company may be allowed to participate in the production of batteries for electric vehicles.
2018-11-15 01:34 | Report Abuse
Brent oil price go up again...66.69
2018-11-14 19:47 | Report Abuse
ASTRO give dividend..
2018-11-14 00:58 | Report Abuse
A 30m telecommunications tower provides digital connectivity to the local residents of Kampung Pulau Salak, a small and geographically-isolated island settlement near Santubong.
KUCHING: The implementation of the National Fibre Connectivity Plan (NFCP) next year will benefit companies such as Cahya Mata Sarawak Bhd’s 50 per cent-owned subsidiary Sacofa Sdn Bhd (Sacofa).
As revealed in the federal Budget 2019, the government will launch the NFCP in 2019 with an allocation of RM1 billion, to support the growth of the digital economy.
According to Finance Minister Lim Guan Eng, the plan will develop Malaysia’s broadband infrastructure to ensure more efficient spectrum allocation to achieve the targeted 30 megabits per second (Mbps) speed at rural and remote areas in the country within five years as part of the overall plan to achieve world class infrastructure at affordable prices.
“The implementation of NFCP will benefit companies engaging in the manufacturing of fibre optic cables and cable related products and-or fibre optic services,” the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research opined.
“This includes Sacofa and Opcom Holdings Bhd.”
Lim also announced that the Government has also enforced the Mandatory Standards for Access Pricing (MSAP) which will result in fixed broadband prices to be reduced by at least 25 per cent by the end of 2018.
On the enforcement of MSAP, MIDF Research noted that it is currently on-going, with telecommunications service providers which offer fixed broadband services namely Telekom Malaysia Bhd, Time dotCom Bhd, Maxis Bhd and Celcom (Axiata Group Bhd) having revised downwards their fixed broadband proposition.
“Following the revision, the starting price point of fixed broadband offerings fall below the RM100 per month level,” the research arm said.
2018-11-14 00:51 | Report Abuse
Industrialis segment making ...it will continue up?
2018-11-13 21:21 | Report Abuse
Coming QR will be very good one!!
2018-11-12 19:47 | Report Abuse
QR come out ..it may go to 2.00
2018-11-11 23:25 | Report Abuse
Cut oil output=oil price up
2018-11-11 01:59 | Report Abuse
The managemement to Reduce modal at poultry n Indonesia flour segment ...to reduce losses
2018-11-08 15:13 | Report Abuse
KPJ benefit from Budget 2019...it will trend higher to 1.20 soon...based on the graph currently 3 large green bar so it likely to 1.20 or even higher!!
2018-10-31 13:29 | Report Abuse
Will go to break soon it matter of time...i think
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
2018-11-27 19:14 | Report Abuse
All time best QR ever!!!