KUALA LUMPUR (Feb 20): As the world moves towards lower carbon emissions, the business of oil refining appears to be at risk in the long run from tightening regulatory environment combined with transformation in the transportation sector, said Moody’s Investor Service.

While oil refiners only make up 3% of global carbon dioxide emissions of 32 gigatonnes in 2016, oil consumption contributes over 30% of the figure, said Moody’s in a oil and gas (O&G) sector in-depth report dated Feb 20.

Ultimately, efforts to reduce emissions from refined products such as gasoline is expected to “materially change crude and product flows and pressure refinery utilisation”, said the report.

The pressure, said Moody’s, will come from changes involving light passenger vehicles (LPV), as demand for gasoline is expected to peak much sooner than other oils, thanks to the race towards electric LPVs which constitute 26% of global gasoline demand.

Also adding to potential overcapacity is the possible expansion by refiners in Asia to meet its own growing energy appetite, followed by those in the Middle East, which coincides with OECD nations’ push to reduce carbon emissions.

Moody’s Vice President John Thieroff said in a statement that around 10% of existing global throughput capacity by independent refiners (excluding integrated and national oil companies) is at risk of closure by 2025.

The figure to increase to 25% by 2035 “although we don't see that scenario as likely at this time”, said Thieroff, adding that any transition towards alternative fuels will be gradual.

“Carbon transition risks facing refiners include lower demand for refined products over time due to policy initiatives, vulnerability to changing consumer preferences and technological shocks, especially in the transportation sector,” Thieroff added.

While Moody's expect global oil demand demand to continue growing through 2040, "demand in the OECD will peak much sooner". It also sees global oil incumbency — particularly as fuel for heavy-duty vehicles — to continue to generate demand growth through “at least 2030”, due to technological challenges to electrify heavy-duty engines.

"Accelerated growth in alternative fuel vehicles and electric vehicles will exacerbate declining demand, but the difficulty of predicting the degree and speed of rising popularity for alternative fuel vehicles poses challenges in itself," said Thieroff.

"Producing these vehicles require changes to the manufacturing process, heightened coordination with auto-parts suppliers, improvements in battery life and costs, and the spread of supporting infrastructure such as power-charging stations,” he added.

However, fuel produced primarily in export markets with higher carbon prices would face competitive disadvantages against products with lower or zero carbon prices, said the report.

Also supporting growth will be demand for oil for petrochemicals. That, said the report, is expected to grow by over 45% in 2040 from just under 13% presently “given the more limited range of options for alternative fuels and the expectation for strong activity growth in those segments”.

In the bigger picture, emission-related regulations for refineries and refined products is expected to increase “noticeably” in the coming decades — but the timing and costs of such regulation will vary considerably between different places, giving an edge for refiners in jurisdictions that are slower to implement such regulations to generate higher operating margins, said Moody’s.

Regardless, as with the scenario in Asia and Middle East, lower-complexity refiners in Europe and US East Cost face the threat of stranded assets amid declining demand for LPV fuels. “These refiners will be forced to become competitive in distant export markets or face the possibility of closure,” said the report.

KUALA LUMPUR (Feb 20): As the world moves towards lower carbon emissions, the business of oil refining appears to be at risk in the long run from tightening regulatory environment combined with transformation in the transportation sector, said Moody’s Investor Service.

While oil refiners only make up 3% of global carbon dioxide emissions of 32 gigatonnes in 2016, oil consumption contributes over 30% of the figure, said Moody’s in a oil and gas (O&G) sector in-depth report dated Feb 20.

Ultimately, efforts to reduce emissions from refined products such as gasoline is expected to “materially change crude and product flows and pressure refinery utilisation”, said the report.

The pressure, said Moody’s, will come from changes involving light passenger vehicles (LPV), as demand for gasoline is expected to peak much sooner than other oils, thanks to the race towards electric LPVs which constitute 26% of global gasoline demand.

Also adding to potential overcapacity is the possible expansion by refiners in Asia to meet its own growing energy appetite, followed by those in the Middle East, which coincides with OECD nations’ push to reduce carbon emissions.

Moody’s Vice President John Thieroff said in a statement that around 10% of existing global throughput capacity by independent refiners (excluding integrated and national oil companies) is at risk of closure by 2025.

The figure to increase to 25% by 2035 “although we don't see that scenario as likely at this time”, said Thieroff, adding that any transition towards alternative fuels will be gradual.

“Carbon transition risks facing refiners include lower demand for refined products over time due to policy initiatives, vulnerability to changing consumer preferences and technological shocks, especially in the transportation sector,” Thieroff added.

While Moody's expect global oil demand demand to continue growing through 2040, "demand in the OECD will peak much sooner". It also sees global oil incumbency — particularly as fuel for heavy-duty vehicles — to continue to generate demand growth through “at least 2030”, due to technological challenges to electrify heavy-duty engines.

"Accelerated growth in alternative fuel vehicles and electric vehicles will exacerbate declining demand, but the difficulty of predicting the degree and speed of rising popularity for alternative fuel vehicles poses challenges in itself," said Thieroff.

"Producing these vehicles require changes to the manufacturing process, heightened coordination with auto-parts suppliers, improvements in battery life and costs, and the spread of supporting infrastructure such as power-charging stations,” he added.

However, fuel produced primarily in export markets with higher carbon prices would face competitive disadvantages against products with lower or zero carbon prices, said the report.

Also supporting growth will be demand for oil for petrochemicals. That, said the report, is expected to grow by over 45% in 2040 from just under 13% presently “given the more limited range of options for alternative fuels and the expectation for strong activity growth in those segments”.

In the bigger picture, emission-related regulations for refineries and refined products is expected to increase “noticeably” in the coming decades — but the timing and costs of such regulation will vary considerably between different places, giving an edge for refiners in jurisdictions that are slower to implement such regulations to generate higher operating margins, said Moody’s.

Regardless, as with the scenario in Asia and Middle East, lower-complexity refiners in Europe and US East Cost face the threat of stranded assets amid declining demand for LPV fuels. “These refiners will be forced to become competitive in distant export markets or face the possibility of closure,” said the report.

Yes buy

Colex or Run? Panic sell petronm saprng mbsb c's?

Uncle Dow J red or green? GE by end of April?

1.21 doggie no. Ermm

1.25?

Favourable

Must collect before new name and GE..start collect by tomorrow..

When this counter change to shariah? April? Will attract more funder from Islamic fund manager..1.45...1.55...2.00...

Pat pat siku lipat..GE14 railway

Happy CNY to all of u

Tomorrow close 1.25??

How much you get for right issue @ socaisocal

Ang Paw??

Handsome Islamic Bank

Orange88..
Hsi c1x reach bottom?entry price?

Uncle DowJ green or red

Please summarize ChampCw

Tomorrow 1.30?? 1.45...1.55....2.00...

We refer to the earlier announcements in relation to the Proposed Merger. Unless otherwise stated, the terms used herein shall have the same meanings as defined in the said announcements in relation to the Proposed Merger.



On behalf of the Board, RHB Investment Bank and AmInvestment Bank wish to announce that the Proposed Acquisition has been completed today following the settlement by MBSB of the balance cash consideration of RM357,204,632.64 and the allotment of the Consideration Shares in accordance with the terms of the SPA.



Upon the listing of the Consideration Shares on 8 February 2018, an amount of RM24,805,877.14, representing the deposit paid on the portion of the Purchase Consideration settled via the Consideration Shares, will be refunded to MBSB.

This Announcement is dated 7 February 2018.

Red Collect
Green Topup
Yellow Buy
Uncle Dow J play2 red green red green red

Uncle Dow Jones rebound..panic buy tomorrow..

Uncle Dow Jones rebound..panic buy tomorrow..

Uncle Dow Jones rebound..panic buy tomorrow..

Uncle Dow Jones rebound..panic buy tomorrow..

Uncle Dow Jones rebound..panic buy tomorrow..

Uncle Dow Jones rebound..panic buy tomorrow..

Uncle Dow Jones rebound..panic buy tomorrow..

Uncle Dow Jones rebound..panic buy tomorrow..

Following our announcements dated 6 February 2018 on the changes of Boardroom and Board Committees composition, the Board, Audit Committee and Nominating and Remuneration Committee of Malaysia Building Society Berhad (“MBSB”) shall now comprise of the following:-

MBSB - Board of Directors

Tan Sri Abdul Halim Ali - Chairman / Non-Independent Non-Executive Director (“NINED”)
Datuk Shahril Ridza Ridzuan - NINED
Encik Lim Tian Huat - Independent Non-Executive Director (“INED”)
Ir. Moslim bin Othman - INED
Puan Lynette Yeow Su-Yin - INED
MBSB - Audit Committee

Encik Lim Tian Huat - Chairman / INED
Ir. Moslim bin Othman - INED
Puan Lynette Yeow Su-Yin – INED
MBSB - Nominating & Remuneration Committee

Ir. Moslim bin Othman - Chairman/ INED
Encik Lim Tian Huat - INED
Puan Lynette Yeow Su-Yin - INED
This announcement is dated 6 February 2018

I still behind you Orange88

Teh tarik ikat tepi

Red alert today..most counter bleeding..orange88 become nostradamus ahli nujum

Touch 1.15 tomorrow..red alert..pang pang boom

Bullet Repayment year..2018 crisis coming..

Hope up..if down collect..

Good Hoe Weng..kipidap..

Hope shark doo doo kind person to give ang pow

Next week global market local market red? Start BuyiNg 3 days b4 CNY @ orangemandarin8888

Normal movement today..1.23/1.24/1.25.
Tomorrow dunno green or red.. Ermmm..
!.45...!.55....2.00

Clear c's

So many good news for MBSB

1. Dividend 5 cents
2. Good Q4 2017 financial results
3. 2017 profit double up
4. Bank license obtained.
5. OPR 25 basis point~new loans release more interest income
6. Impairment programme end
7. Fundamental~New facilities: current account, atm machine, debit/credit card, online bank charges, forex, etc..
8. Second largest Islamic Bank in Malaysia
9. Management and Board of Directors talented~cost control very good
10. TP 1.45...1.55...2.00....kikikih

So, got chance limit up on Friday and Monday?

Hot Comment will push up or pull down mbsb share price???

关于我分享的权证一点点，这将是有益的...


关于我分享的权证一点点，这将是有益的。
例如：TRC-WA，TRC-CA，TRC-OR，TRC-WR，TRC-HA
-WA
-WB
-WC
-WD
- 我们
-CA
-CB
-CE
光盘
-WR
-OR
-Ha
-HB
这是什么意思？
[-WA，-WB，WC，WD，WE]
- 权证
- 发行公司。
- 最少5年
- 可以改为母亲份额（IBU）
- 基于母子份额的价格变动
[-CA，-CB，-CE，-CD]
- 认购认股证
- 发行的银行
- 最少6个月，最长1年
- 不能改为母亲分享
- 价格变动仅基于指标
[-Hxxxx]唠叨
- 认沽证
- 第三方版本
- 抵消损失
- 与母亲分享的相反的运动
[-WR]
- 取得手令
[-OR]
- 获取母亲分享的形式
所有权证有到期日，可以在每份认股权证的一般信息查询，以及每份权证也有转换价或价锻炼; Tibial应考虑到每个认购权证。可以登记通知。
什么是权证？
=============
从字面意义上来说，授权书是指赋予权力或授权的文件或证书。在股票行业，认股证是指持有人可以在规定时间内以折扣价授权购买公司股票的证书。
与公众的信念相反，权证不是股票。只要没有到期，就可以以折扣价购买公司股票。
由于权证仅仅是允许以折扣价格购买股票的一种形式，因为实际股份尚未拥有，所以持有人不被视为股东。
换句话说，权证的持有人不是公司的所有者和事业谁持有权证的一个无权收取任何股息，红利，甚至在年度股东大会上的投票权。
为什么公司签发保证书？
一个公司有几种方法来获得现金来创造业务。
1.进行银行贷款。这种方法的弊端有时是大公司所需的现金贷款数量，银行可能无法提供公司所需的贷款数量。
2.以公司后期购买的股份形式出售公司部分股权。这样做的缺点是，如果公众拥有太多股份，公司董事可能会失去对自己公司的控制权。

Sedikit perkongsianmengenai warrant ingin kongsikan, moga bermanfaat.

Contoh: TRC-WA, TRC-CA, TRC-OR, TRC-WR, TRC-HA

-WA
-WB
-WC
-WD
-WE
-CA
-CB
-CE
-CD
-WR
-OR
-HA
-HB

Apa maksudnya?

[-WA, -WB, WC, WD, WE]
- Warrant
- Syarikat yang keluarkan.
- Min 5 Tahun
- Boleh tukar ke mother share(IBU)
- Pergerakan harga berdasar mother share

[-CA, -CB, -CE, -CD]
- Call Warrant
- Bank yang keluarkan
- Min 6 Bulan, Max 1 Tahun
- Tidak boleh tukar kepada mother share
- Pergerakan harga berdasarkan indicator sahaja

[-Hxxxx] Hadging
- Put Warrant
- Third-party yang keluarkan
- Mengimbangi kerugian
- Pergerakan berlawanan dgn mother share

[-WR]
- Borang untuk dapatkan warrant

[-OR]
- Borang untuk dapatkan mother share

Semua warrant ada maturity date, boleh cek di bahagian general info setiap warrant, dan setiap warrant juga ada Conversion Price atau Excercise Price dimana perlu diambil kira untuk setiap pembelian warrant. Boleh cek dibahagian Announcement.

Apa itu Waran?
=============

Dari segi definisi harfiah, waran bermaksud dokumen atau sijil yang memberikan kuasa atau kebenaran. Dalam dunia saham, waran bermaksud sijil yang membenarkan si pemegangnya kuasa untuk membeli saham sesebuah syarikat pada harga diskaun dalam tempoh yang ditetapkan.

Bertentangan dengan kebiasaan kepercayaan orang ramai, waran bukanlah saham. Ia hanyalah suatu kebenaran untuk membeli saham syarikat tersebut pada harga diskaun selagi belum tamat tempoh.

Oleh kerana waran hanyalah satu bentuk kebenaran untuk mendapatkan saham pada harga diskaun, maka si pemegangnya tidak dianggap sebagai pemegang saham kerana saham yang sebenar belum lagi dimiliki.

Dalam erti kata lain, si pemegang waran bukan salah seorang pemilik syarikat dan ini menyebabkan siapa yang memegang waran tidak layak menerima sebarang dividen, bonus mahupun mempunyai hak untuk mengundi di dalam mesyuarat agung tahunan.

Kenapa syarikat mengeluarkan waran?

Sebuah syarikat mempunyai beberapa cara untuk mendapatkan tunai bagi menjana perniagaannya.

1. Membuat pinjaman bank. Kelemahan cara ini ialah adakalanya jumlah pinjaman tunai yang diperlukan oleh syarikat besar dan bank mungkin tidak dapat memberikan jumlah pinjaman yang diperlukan syarikat.

2. Menjual sebahagian ekuiti syarikat dalam bentuk saham yang kemudian dibeli oleh orang awam. Kelemahan cara ini ialah jika terlalu banyak saham yang dimiliki orang awam, para pengarah syarikat mungkin akan hilang kawalan terhadap syarikatnya sendiri.

3. Berhutang dengan orang awam dengan cara menjual bond. Kelemahan cara ini ialah syarikat perlu benar2 mempunyai reputasi baik agar dapat meyakinkan orang awam agar memberikan hutang kepadanya.

4. Menjual waran. Kelemahan cara ini ialah saham syarikat terpaksa dijual pada harga lebih murah.

Oleh itu, boleh disimpulkan syarikat biasanya akan mengeluarkan bond dan waran hanya jika ia mempunyai projek yang besar yang memerlukan dana yang juga besar serta tempoh perlaksanaan projek yang lama.

Pada mulanya syarikat akan mengeluarkan bond terlebih dahulu. Untuk menarik minat pelabur agar membeli bond yang dikeluarkannya, kebiasaannya syarikat turut memasukkan waran dalam pakej pembelian bond secara percuma sebagai suatu tarikan/goodies/pemanis/bonus. Kemudian, sambil projek berlangsung, jika syarikat masih memerlukan tunai yang lebih, maka syarikat seterusnya boleh menjual baki warannya pula.

Apa kebaikan waran kepada trader?

Apabila seorang trader menerima waran, dia mempunyai 2 pilihan.
1. Menebus waran tersebut kepada saham sebenar.
2. Ataupun, mendagangkan waran tersebut seperti mana dia mendagangkan saham yang sebenar.

Untuk menebus waran kepada saham, seorang trader perlu mengetahui 2 perkara; exercise price & expiry date. Exercise price ialah harga saham tersebut jika ia ditukarkan dari waran kepada saham. Pada permulaan waran dikeluarkan, kebiasaannya exercise price akan lebih rendah berbanding harga saham sebenarnya.

Pada masa sama, oleh kerana waran turut didagangkan seperti saham biasa, maka waran juga mempunyai harga semasanya yang tersendiri. Kebiasaannya, bentuk pergerakan harga.

3. Debt with the public by way of selling bonds. The weakness in this way is that companies need to have a good reputation in order to convince the public to pay them.

4. Selling warrants. The downside of this way is that the company's shares are forced to sell at a cheaper price.

Therefore, it can be concluded that the company will usually issue bonds and warrants only if they have large projects that require significant funds as well as long periods of project implementation.

Initially the company will issue bonds first. In order to attract investors to buy bonds, the company also included warrants in a free bond purchase package as a goodies / sweetener / bonus. Then, as the project progresses, if the company still needs more cash then the company can then sell the remaining warrants.
What are the benefits of warrants to traders?
When a trader receives a warrant, he has two options.

1. Redeem the warrant to the actual stock.
2. Alternatively, warrants the warrants as he trades real shares.

To redeem a warrant for shares, a trader needs to know 2 things; exercise price & expiry date. Exercise price is the share price if it is converted from a warrant to stock. At the commencement of the warrant issued, the exercise price will be lower than the actual stock price.

At the same time, as warrants are traded as ordinary shares, the warrant also has its own current price. Usually, the form of price movements

A little bit about the warrant I share, it would be helpful.
Examples: TRC-WA, TRC-CA, TRC-OR, TRC-WR, TRC-HA
-WA
-WB
-WC
-WD
-WE
-CA
-CB
-CE
-CD
-WR
-OR
-HA
-HB
What does it mean?
[-WA, -WB, WC, WD, WE]
- Warrant
- The issuing company.
- Min 5 Years
- Can change to mother share (IBU)
- Price movement based on mother share
[-CA, -CB, -CE, -CD]
- Call Warrant
- Banks that issue
- Min 6 Months, Max 1 Year
- Can not change to mother share
- Price movement based on indicator only
[-Hxxxx] Hadging
- Put Warrant
- Third-party releases
- Offset losses
- The opposite movement with the mother share
[-WR]
- Form to obtain warrant
[-OR]
- Form to get mother share
All warranties are on maturity date, can be checked at the general info of each warrant, and each warrant also has Conversion Price or Excercise Price which should be taken into consideration for each warrant purchase. Can check in Announcement.
What is a Warrant?
=============
In a literal sense, a warrant means a document or certificate that gives power or authority. In the stock world, a warrant means a certificate that allows the holder to authorize the purchase of a company's share at a discounted price within the stipulated time.
Contrary to the beliefs of the public, warrants are not stocks. It is only a permission to buy the shares of the company at a discounted price as long as it has not expired.
Since warrants are just a form of permission to acquire shares at a discounted price, the holder is not considered a shareholder as actual shares have not yet been owned.
In other words, the warrant holder is not one of the owners of the company and this causes the person holding the warrant not to receive any dividends, bonuses or even have the right to vote in the annual general meeting.
Why is the company issuing a warrant?
A company has several ways to get cash to generate its business.
1. Make a bank loan. The disadvantages of this approach are sometimes the amount of cash loans required by large corporations and the banks may not be able to provide the amount of loan needed by the company.
2. Sell a portion of the company's equity in the form of shares which are later purchased by the public. The downside of this is that if too many shares are owned by the public, the company directors may lose control of their own company.

Joetay and Orange88 press down the price?

Shark doo doo