Panda wake up today

TP1 RM 0.40

TP1: RM 0.530

Tomorrow LU or no?

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 63,000 shares on 14-Nov-2024.

Fly!

Record breaking QR?

+ 8.5%

Expecting good QR release..

The Board of Directors of JPG wishes to announce that JPG has on 18 November 2024 issued a letter of acceptance (“LOA”) to JL Projects Sdn. Bhd. ("JLPro"), a wholly-owned subsidiary of JLand Group Sdn Bhd (“JLG”), which in turn is a 100%-owned subsidiary of Johor Corporation (“JCorp”) for the appointment of JLPro as the Project Management Consortium (“PMC”) for the construction of an Integrated Sustainable Palm Oil Complex (“ISPOC”) for Johor Plantations Group Berhad (“Proposed Appointment of PMC”) for a contract sum of RM30,991,524.00 (“Contract Sum”) and a contract period of 3 years.

UEM Sunrise secures development approval for its first project in Perth, Australia
https://theedgemalaysia.com/node/734329

Fly!

Heading towards RM 0.50

Up 11% today - Hit RM 0.405.

😁😁😁

Fly to the moon this week!

TP 11%. Thank you for today, OFB!

Hit 0.320!

Today up by 7.94%.. tomorrow continue up

Nice! 11.11%

Up 7.77%

Up 7.34%

Up 5%. TP RM 1.09

Hit 0.275

Show time!

Up 9%

Break R1.. next target R2 RM 0.290

Fly! TP RM 0.290

DATO ABANG ABDILLAH IZZARIM BIN TAN SRI DATUK PATINGGI ABANG HAJI ABDUL RAHMAN ZOHARI (a company director) acquired 2,000,000 shares at 0.144 on 25-Oct-2024.

DATO ABANG ABDILLAH IZZARIM BIN TAN SRI DATUK PATINGGI ABANG HAJI ABDUL RAHMAN ZOHARI (a substantial shareholder) acquired 2,000,000 shares on 25-Oct-2024.

DATO ABANG ABDILLAH IZZARIM BIN TAN SRI DATUK PATINGGI ABANG HAJI ABDUL RAHMAN ZOHARI (a company director) acquired 2,500,000 shares at 0.145 on 28-Oct-2024.

DATO ABANG ABDILLAH IZZARIM BIN TAN SRI DATUK PATINGGI ABANG HAJI ABDUL RAHMAN ZOHARI (a substantial shareholder) acquired 2,500,000 shares on 28-Oct-2024.

DATO ABANG ABDILLAH IZZARIM BIN TAN SRI DATUK PATINGGI ABANG HAJI ABDUL RAHMAN ZOHARI (a company director) acquired 1,350,000 shares at 0.145 on 29-Oct-2024.

DATO ABANG ABDILLAH IZZARIM BIN TAN SRI DATUK PATINGGI ABANG HAJI ABDUL RAHMAN ZOHARI (a substantial shareholder) acquired 1,350,000 shares on 29-Oct-2024.

Going back to below RM 3.00

Hit 0.690! Congratulations guys!

Kena dump by operator

Technical Analysis. Northeast formed a bullish tower bottom pattern on Friday, implying that a bullish reversal sign may have occurred. The stock also posted two positive candles in a row and negated the bearish 16 October's downside gap, likely suggesting that upward momentum is picking up. A bullish bias may emerge above the RM0.50 level, with stop-loss set at RM0.46, below the recent pivot low. Towards the upside, near-term resistance level is seen at RM0.60, followed by RM0.70.

https://klse.i3investor.com/web/blog/detail/AmInvestResearch/2024-10-21-story-h471958112-Stock_on_Radar_Northeast_Group_NE

Go go go!

UOB KayHian set TP for NE: RM 0.88

29 October 2024

Target Price: RM 0.88

Another 3.45 % today.
3 consecutive days up up up..

Construction and engineering company LFE Corp Bhd (KL:LFECORP) has secured a related-party construction contract worth RM81.71 million. The contract was awarded to its wholly-owned unit, LFE Engineering Sdn Bhd, by Puncakcity Development Sdn Bhd. LFE Engineering has been appointed the main contractor for main building works, the group said, without disclosing the project. The appointment is for a period of 32 months. LFE Corp said its executive chairman and substantial shareholder Chuah Chong Ewe is an interested party in the transaction.

Key initiatives include the Supply Chain Resilience Initiative and the New Investment Incentive Framework, both aimed at enhancing Malaysia’s standing in the global tech landscape. This budget demonstrates a strong commitment to fostering technological advancements, digitalisation, and skilled talent development, crucial for positioning Malaysia as a key player in the semiconductor supply chain.

The New Investment Incentive Framework, with a strategic fund of RM1 billion, targets high-value-added activities, placing a strong emphasis on AI, semiconductor technology, and innovative industrial practices. This framework aims to boost local talent, encouraging them to pursue research and high-value projects within the country, with implementation expected in the third quarter of next year.

Additionally, Malaysia’s tax incentives are being expanded to include advanced materials and integrated circuit (IC) design, further cementing the nation as a major player in the high-tech sector.

A significant aspect of Budget 2025 is the commitment to digitalisation and automation, with investments totalling USD16.9 billion from global technology giants. This support aims to modernise industries, particularly in automating and upgrading current processes, and includes accelerated capital allowances for ICT equipment, software, and consulting services. The new incentives also extend support to integrated circuit (IC) design activities, further strengthening Malaysia’s position in the semiconductor industry.

Glomac in talks to venture into waste-to-energy business
https://theedgemalaysia.com/node/731244

Close RM 0.605 today

https://thesun.my/business-news/budget-2025-set-to-strengthen-malaysian-semiconductor-industry-association-GE13172620

Yesterday + 7%
Today + 5%
Tomorrow?

What is happenning?

Pending breakout RM 0.90

Cloudpoint Technology is eyeing to break past the immediate resistance after seeing a pick-up in the bullish momentum. The stock bounced off the support ofthe long bullish candlestick with increased trading volume. This shows the underlying momentum is bullish. If the breakout at the MYR0.90 resistance occurs, the counter will extend the bullish trajectory towards MYR0.96, followed by MYR1.03. On the other hand, falling below the
MYR0.825 support will open the door to a downside movement.

Limit up later

The Board of Directors of AIZO (“Board”) is pleased to announce that AIZO had on 16 October 2024 entered into a Memorandum of Understanding (“MOU”) with NetRunner Sdn Bhd [Registration No. 202401011639 (1557489-K)] (“NetRunner”) to form a joint collaboration for the establishment of a Tier 4 Data Center Hub in Sarawak (“Project”) in order to meet the increasing demand for secure and reliable data storage and processing facilities (“Joint Collaboration”).

https://theedgemalaysia.com/node/729378

In Johor, Glomac has about 165 acres of land in Kulai as well as in Ulu Tiram.

“We bought this land (in Ulu Tiram) a long time ago, in 1996 [about 500 acres then]. We have [yet to develop] the last 10% of the 500 acres, which works out to maybe another 50 to 60 acres,” says FD Iskandar.

He is optimistic about the prospects of the Johor property market, given the increase in foreign direct investments into the state in recent years, particularly in the data centre space.

“This will hopefully provide good-paying jobs, high-paying jobs. And the people will need houses, shops, commercial areas and whatnot, right? Not everybody can do data centres, so we’ll provide the housing and the commercial centres.”

He adds that the biggest market for property in Johor is still Malaysians working in Singapore, rather than from the new jobs that will be created by the influx of data centre investments.

The land in Kulai is strategically located as it is near the Second Link and Johor-Singapore Causeway, which is still the main route for Johoreans to get to Singapore every day for work, says FD Iskandar.

“Now, we are about to launch another 120 residential units. But once we do this, we are looking at the commercial side. Because we are only, like, 5km away from the Second Link and we are nearer to the [Johor Bahru] city centre.”

German military predicts World War III could erupt in 2025 https://www.msn.com/en-us/news/world/german-military-predicts-world-war-iii-could-erupt-in-2025/ss-BB1h7DCZ