20sen more likely

https://www.thestar.com.my/news/nation/2021/01/07/dr-m-039unimportant039-hsr-project-can-wait-another-decade-or-two-to-build

https://www.theedgemarkets.com/article/bandar-malaysia-daim-worried-it-could-lead-bigger-oversupply-property

Told already months ago the project no longer viable, without HSR, Bandar Malaysia just another development project which Tun Daim predicted to be doomed.

Now is the time to buy back Ancomlb

Now time to buy back

Congak congak projection also Bursa keep quiet.

With this acquisition Salcon can immediately ride the business with minimal risks and can have better option to assess situation on expansion before spending more millions;

1. The transaction are genuine and honest
2. Salcon not a goreng stock/management
3. Very low risk for company to diversify and venture to
gloves.
4. Very good acquisition indeed
Spend only RM29M for controlling stake
Ready and workable factory
Mature and skillful factory so expanding is not a
problems
5. The company and the management are expert in
gloves business and providing consultancy
and setting up gloves factory worldwide
6. Own expertise to expand factory capacity. This alone
will save company millions in consultancy and
construction.
7. RM10M profit guarantee after tax will have big impact
on Salcon (51% Salcon)
8. Producing Latex examination, surgical gloves, Nitrile
gloves with FDA approval will save time.
8. Already has existing clients (critical success factor)
so will be better then many new startup
9. Small shares issue, price has not gone up much and
being very long in downtrend/consolidation mode.
10. Water is raising industry with big potential especially
in Selangor where Salcon has very good business
connection and proven track records. Soon
government and rakyat has to realise they got to pay
more for uninterrupted quality water supply.

If people willing to pay AT for RM1Billion, Salcon by far has better deals then other companies in venturing into gloves business.

Crazy almost RM1Billion market cap....and have not produce a single pair of gloves.

The choice of vaccine is up to hospitals and doctors not consumers/patients. Traditionally they will choose western medicine/vaccine due to familiarity, hospital policy, insurance etc. Between pfizer and sinopharm, doctor will choose Pfizer. It just like between IBM and some Chinese computer systems, nobody will blame them if they choose IBM.

The other things, mostly the biz is between government to government with little benefits to private sector. I give you example covid 19 rapid test kits, Malaysia government are not taking from China (due to quality), but they directly take from Korea.

Posted by Flyinghorse > Nov 5, 2020 10:47 PM | Report Abuse

http://www.theedgemarkets.com/article/mr-diy-posts-54-jump-quarterly-p...

73sen dividen.

laugh me die.... not 0.0073

If she knew something big going to happen, she will not buy in that pattern.

Think false rally, they had a few false rally before this. Just because the sister bought few thousand shares ...i.e. 10K per day...market go crazy...i think la.

MR DIY stores already saturated, we can't expect the same growths before IPO. They can only go to small town. Venture to oversea currently is off limit. MR Toys and MR Dollar is failure, can't match eco shops.

Maybank Investment always sell at premium, most retailer will avoid Maybank underwriter. they use their connection for Institutions like PNB etc to take up. they will go in for dividend.

70sen within 2 wks

you will never see again 1.12 until we find vaccine

surely going to longkang

Hype

Lot of people will get burn in the morning

Would be better to convert existing mynews than to invest all over again for another 500 new CU outlets. Mynews losing due to less cigarette ( people move to vape) and nobody buy magazines anymore. Others profuct margin not so lucrative. Should focus on fresh food .

Iris don't need anybody. One of the best in the world for digital ID. Even India IT powerhouse also subscribe to it. Their market is international, Iris don't depend on Malaysia market. They are global trend / demands for Digital ID and Security. Malaysia not only small but too much hu ha

I bought Din's counters in Feb March make some gains but it's just a hype. Look at the price of the stock and performances now. There are no way the company will benefit immediately from PM position etc. Fast in fast out on rumours.

Anwar will be good for Malaysia, he the only one can be the bridge to racial unity and the power. PN is weak government(razor thin majority), so they can't move much...no good for economy and market. It would be acceptable if Anwar return to Umno and hand over PKR to Rafizi. If this happen we can expect more transparent and justice....including tender etc. I bought Iris not because NIIS but if NIIS going to be tender...Iris already knock out few strong competitors...so good for Iris.

In my opinion TSMY will not call for election, Bersatu has no grassroot and the fighting with seat allocation (within short period of time) will kill Bersatu. So he probably will negotiate for smooth transition. Anwar already hinted this.

Umno will support Anwar for Plan A or Plan B, whatever it is Umno stand to gains i.e. be with Anwar or win the election. In my opinion Najib is the main factor and Malay want to teach Umno a lesson, Malay are much more forgiving but Najib colossal blunders is too much) . After Sabah, I don't think Agong will dissolve the government and face the risk of Covid and wrath of his subject.

Everybody happy except Azmin and his gangs, Pas opportunist... will find their roles, most of Umno team will maintain status quo. Dap has learned a lesson...without malay political backing...nothing will happen. Sabah Sarawak has no effect, they will get what they want.

I just hope we will learn from Indonesia reforms and be as competitive as Indonesia now.

Anwar going to win and you should buy more Iris.

Today 432 next wk 500, 600....hospital ppe also finish...order fast

KUB going for midstream LPG

https://www.nst.com.my/business/2020/10/629645/kub-focus-midstream-lpg-business-exit-plantation-2021

I think LKL will immeditely benefits from the surge of local Covid cases. I'm sure hospitals and states government will need to order more asap.

QR improving, I am sure next QR will be black; no more impairment, all losing business already sold, last qr only down by RM3M from high of negative RM291M...that how I see it...Apec meeting certainly contribute positively short term.

Anwar announcement cause market uncertainty

Stupid la harping niis in all tech services counters. I told you India e passport is game changer already , will keep Iris busy...how many project Dsonic get? 2 only right but can shoot up so high. India passport bigger than Malaysia passport.

They all the same gang. Tengku omar, Bangladeshi now Malaysian Dato Sri Amin, Dato Rathakrishnan. If you want to know more you should study KTG chart.

https://www.nst.com.my/business/2018/07/396517/we-are-not-involved-money-laundering-bestinet

See the link between them.

Scam you think the new shareholder naive, they didn't pay that price they all into it together.

Court case takes long time, reviews and appeal process will takes years before can see any money and that if they win and can justify RM733M claims. Will kill co with legal fees and then soon gonna change govt again. Latest govt stop double track project KVDT2 on basis of saving public funds.

Same Bangladeshi in DWL

Not going to announce tmr, don't be disappointed. Iris performing like any other stock after QR season, especially on par with tech stocks. Even good QR/ news market will sell. About to touch support level, macd slowing pickup. Iris is good even without niis...niis just a hype. I bought not because niis.

Handle 2,000 workers will give them RM400M revenue? Recruitment n managing fees just about 1 mth salary or RM2-3K per worker. Even if they lump in Levi, work permit , govt fees, transportation, oversea agency fees etc would not come to RM40K per workers per year. SC has to do more.

IWH go for their own listing, Iwcity ? ...no more vehicle. He just want to scoop Ekovest money.

I only bought after new mgt took over. This company will do well.
1) Questionable transactions /biz under Tan Say Jim all are gone.
2) All their legacy problems are gone
3) They sold off all none core business, so more focus now
4) All losing biz already stop, no more impairment
5) No more legal issues
6) Managed to secured domestic and international biz.
7) QR results on uptrend

Make no mistakes this is brand new co.

I know for the fact, India e passport will keep them busy for many years and possible to achieve more than RM1.5B sales from this job alone. This the game changer. We talking the top 3 biggest passports issuer in the world.

Soon every country will have to migrate to digital security documents , such as e passport, chip based passport and comply to ICAO compliant....like how we migrate to chip base credit card.

https://www.outlookindia.com/outlooktraveller/travelnews/story/70525/e-passports-for-indians

Starting to issue

They already in the biggest e passport project in the world. This not goreng empty MOU, baru mahu invest in gloves, baru locate factory face mask etc, private placement, new shareholder coming, fund raising blah blah..... this at least RM1.5 billion business....even better with stronger usd.

They projecting 200 Million India E Passport


Articles some years ago

The Security Printing & Minting Corp. (SPMC) of India bid involves procurement of 20 million electronic contactless inlays, along with its operating software for the production of e-passports.

The inlay is a laminate consisting of a core containing the radio frequency identification (RFID) chip and antenna, with outer layers of sheet material. According to the tender document, the inlays have to be electronic contactless type according to SCOSTA-CL (for Smart Card Operating System for Transport Applications for Contactless) requirements.

Bartronics India, Germany-based Sagem Orga (through Smart Chip India) and Amsterdam-based Gemalto are expected to bid for the project. The Ministry of External Affairs is also expected to come out with a multi-million dollar tender for the RFID chip—which contains the biometric data of the passport holder— within the next month. Chipmakers NXP Semiconductors and Infineon are expected to bid for this project.

In fact, NXP has already made presentations to the government authorities. The company claimed that its chips are fully certified to work on the local SCOSTA standards. NXP has already deputed one architect-level person from India who is working to ensure that its chips are interoperable. NXP believes that the country could have around 200 million e-passports in the next three to five years.

Next QR will not have problems, LOI said start immediately.

The tenure of the Project is expected to be commencing from the date of the LOI until end of June 2023.

Flytothemoon I agree but that was last time with Tan Say Jim and last time they have many loss making ventures like Stanford etc.

Ex Hong Leong certainly different. I know HL people has different... quality....they always do great things.

Got nothing to do with fundamental, this just technical and market sentiment. 15M just first batch, currently India already has issued nearly 100M passport. If they migrate they will migrate in total. You can learn from Dsonic experience.

T2 on high vol deliver today.