Like it or not USD is now almost all time high against most currency. Until we can find an alternative trade/reserved currency, USD will still be the most popular currency.

Imagine trade between Indonesia and Malaysia. Would Malaysia want to take IDR?

As for CNY, would any country dare to use a currency from a communist country as their reserved?

Many traditional jobs will be obsolete with AI and machine learning. And kids who are below 10 years old today will probably get a job that yet to exist today.

Like it or not USA will still be an economic powerhouse for years to come. And unlike what people think, China may have reached it peak and may already be on its decline.

Another bad "investment" by KYY. Seems to be the norm for him these days

KYY contradicting himself again and again.\

Plantation Companies will have better profit growth - Koon Yew Yin (20 May)
https://klse.i3investor.com/web/blog/detail/koonyewyinblog/2022-05-20-story-h1623331577-Plantation_Companies_will_have_better_profit_growth_Koon_Yew_Yin

"The chart above shows that Hengyuan shot up from Rm 4 to above Rm 7 in the last 6 weeks. To make money, CIMB has issued 150 million Call Warrants with the exercise price of Rm 4.75 and conversion ratio of 5:1=Rm 23.75. That is why CIMB is depressing Hengyuan share price as much as possible."

Uncke, perhaps you can enlighten us how CIMB can depress share price of HY? And if CIMB can really do that, then anyone can also do it, right?

HengYuan (and PetronM) share price is going up NOT because of high oil price. If that's the case, it would have gone up many months ago.

Hengyuan (and PetronM) share price is going up because restriction has been relaxed and people are not starting to utilize more petrol. Simple as that.

@beinvested,

NATO can only act to defend themselves. NATO cannot attack any party that doesn't attack them. So in this situation, NATO can do nothing.

Omicron sub-variant, Ba.2 is 3X more contagious than Omicron.

https://www.deseret.com/coronavirus/2022/2/25/22950587/ba-2-variant-covid-19-symptoms-reinfected

https://www.jpost.com/breaking-news/article-695511

On Saturday evening, N12 reported that Dr. Dorit Nitzan, emergency manager to the World Health Organization in Europe, shared data showing that the Omicron sub-variant of concern, BA.2, was three times more contagious than the original Omicron variant, which itself is the most contagious variant seen to date.

1. In the list, only COVID-19 is infectious. Meaning, no matter what you do, you might get it if you are exposure to others who have COVID-19. The other death are personal exposure/risk/habit.
2. The reason why COVID-19 death is lower is because we have yet to return to normal lifestyle.

This seems like a cheap stock.

PE is less than 12x.
DY is 2.48%.
Price below NTA
Increasing revenue and profit since 2018.

Any idea why so cheap?

I did some research on this company and it seems very good fundamentally. Good job for those who already found it first.

Brent will reach 75 (and hopefully 80) but may take weeks. Just sit tight and wait.

@armadaruah2017,

What you mean pandemic still bad and had worsened? Not sure where is your source of information.

If you check https://www.worldometers.info/coronavirus/ you can see that daily global COVID-19 cases is now 330k cases from 840k cases back in end of April. That's more than 50% less in 6 weeks or so.

@Targeted, well done. Just sit tight and wait for it to go further up. Don't sell too soon.

Price should stay above 70sen briefly before go up again. You may want to consider buying if price retrace below 75sen.

So for every 1000 IGBB shares (assuming I bought it at RM2,800 prior to ex-date), I can buy 400 IGBREIT shares (by paying RM400). And by buying the 400 IGBREIT, I will get another 600 IGBREIT shares for free.

So my total cost is RM3,200


Effectively, I will end up with
a) 1000 IGBB shares (now valued at RM2.100)
b) 1000 IGBB REIT shares (now valued at RM1,700)

My total market value is now RM3,800. So I gained about 15% from this corporate action???

Sorry, need to ask about the corporate action again. As a shareholder of IGBB, what do I need to do to accept the offer? Do I have to fill up any form to subscribe and pay for the shares offered to me?

Such a long announcement and you summarize it in 1 sentence. Thank you.

Can someone explain to me what the below mean? Sorry, trying to learn here.

RESTRICTED OFFERING OF UP TO 945,000,132 UNITS IN IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST ("IGB COMMERCIAL REIT") ("UNITS") COMPRISING: (A) RESTRICTED OFFER FOR SALE OF UP TO 378,000,053 UNITS ("ROFS UNITS") ON A NON-RENOUNCEABLE BASIS TO ENTITLED SHAREHOLDERS OF IGB BERHAD ("IGB") ON THE BASIS OF TWO (2) ROFS UNITS FOR EVERY FIVE (5) ORDINARY SHARES IN IGB HELD ON THE ENTITLEMENT DATE AT THE PRICE OF RM1.00 PER ROFS UNIT; AND (B) DISTRIBUTION-IN-SPECIE OF UP TO 567,000,079 UNITS ("DIS UNITS") TO BE DISTRIBUTED ONLY TO ENTITLED SHAREHOLDERS OF IGB WHO HAVE SUBSCRIBED FOR THEIR ENTITLEMENTS TO THE ROFS UNITS ON THE BASIS OF THREE (3) DIS UNITS FOR EVERY TWO (2) ROFS UNITS SUBSCRIBED, ("RESTRICTED OFFERING").

I trust that some of you here already have access to the "leaked" SerbaDK management deck in respond to KPMG queries.

Based on that deck, all questions has been answered and awaiting KPMG respond.

On KPMG side, the points they raised are valid because quite a few issues seems very coincident BUT we know in MY (and especially when dealing with govt VDP) these are the things that are expected.

Hence, KPMG (and most auditors) could have let the issues slide away buy in this case for whatever reason KPMG is being very "strict".

Pfizer vaccine is still murky

https://youtu.be/s_Dec8g9woE

Watch from 1:50

Pfizer vaccine is still murky

https://youtu.be/s_Dec8g9woE

Watch from 1:50

https://www.google.com/amp/s/markets.businessinsider.com/amp/news/pfizer-ceo-sold-stock-day-covid-19-vaccine-results-unveiled-2020-11-1029790705

Pfizer CEO sold 62% of its shares

https://www.google.com/amp/s/markets.businessinsider.com/amp/news/pfizer-ceo-sold-stock-day-covid-19-vaccine-results-unveiled-2020-11-1029790705

Pfizer CEO sold 62% of its shares

https://thefly.com/permalinks/entry.php/id3193997/PFE-Pfizer-CEO-sells-K-shares-of-common-stock

Representing 62% of his total owned.

If the CEO is selling 62% then you know the outlook is not good.

https://www.google.com/amp/s/www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html

https://www.google.com/amp/s/www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html

https://thefly.com/permalinks/entry.php/id3193997/PFE-Pfizer-CEO-sells-K-shares-of-common-stock

Representing 62% of his total owned.

If the CEO is selling 62% then you know the outlook is not good.

If local not happy with the employer (any employer, not just the BIG 4) then just dont work for them lah.

Some say why company nakenso much money but employee not rewarded? Firstly, they are employee who agreed to work with the agreed salary. Secondly, if company lose money, will employee help to pay for the loses?

If you are an trader, then it is very volatile for you. If you are an investor, gloves company is certainly the best investment at the point in time. Demand and price for gloves will continue to grow.

You think top investor like Warren Buffet care about all this technical indicator like head and shoulder. Can you name any top investor in the world that actually rely on technical indicators?

-----------

LaoTzeAhSir
the head and shoulders will kill your uncle sadly

Glove stock still have a long way to go. But will be slow and steady and not 100% up in a month.

Weak shareholders all gone. Now let's see how far Harta can go

Why Bursa need to investigate?
What is wrong with selling for short gain?
Investors unlikely to be killed, more likely speculator.

------
jungleboy
buy all n sell all for short gain...unlogical..bursa should investigate such transaction...killing investors

Based on what GPA should be at least 50sen???


----

Jungleboy
gpa should be at least 50sen la.. correct?

What so great about bonus issue??? It is like i take away ONE RM10 note from you and in return I give you TWO RM5 note.

‐---------

ykit88

Seems like KYY article alone can gv huge impact on the share price lol. Once he said the share a lame duck and had sold all, everyone become skeptical and nobody dare to buy-in even BI ex-date approaching

When people are greedy - it is time to be fearful.
When people are fearful - it is time to be greedy.

Looks like it is time to be greedy.

Rich more,

I'm not trying to say price will go up or down. Just want to clarify your statement below

Generally if private placement price is much lower than market value (as in this case) it means either
1. The subscriber of the new shares are buying at a discount - hence not fair to the company or shareholder OR
2. The current market price is overvalued.

------------

Richmore
Of course private placement price will differ .. its between them. But actual mkt doesnt follow it.

Private placement price is RM0.1756. Market price is RM0.255.

----------

Bemillion

I got this to conccur the above.

https://s.docworkspace.com/d/AE3S8XnM6todqpW9u5OnFA

Hong Kong researchers report first documented COVID-19 reinfection

https://www.channelnewsasia.com/news/asia/hong-kong-researchers-report-first-covid-19-reinfection-13048788

Does it mean even when vacione is available, we have to take it every X number of month/year?

Hong Kong researchers report first documented COVID-19 reinfection

https://www.channelnewsasia.com/news/asia/hong-kong-researchers-report-first-covid-19-reinfection-13048788

Does it mean even when vacione is available, we have to take it every X number of month/year?

Global COVID-19 deaths approach 800,000

https://www.channelnewsasia.com/news/world/covid-19-global-deaths-approach-800-000-13044838

Nearly 5,900 people are dying every 24 hours from COVID-19 on average, according to Reuters calculations based on data from the past two weeks that ended on Friday.

That equates to 246 people per hour, or one person every 15 seconds

Global COVID-19 deaths approach 800,000

https://www.channelnewsasia.com/news/world/covid-19-global-deaths-approach-800-000-13044838

Nearly 5,900 people are dying every 24 hours from COVID-19 on average, according to Reuters calculations based on data from the past two weeks that ended on Friday.

That equates to 246 people per hour, or one person every 15 seconds

South Korea reports biggest rise in coronavirus cases since March

https://www.channelnewsasia.com/news/asia/covid-19-south-korea-biggest-rise-coronavirus-cases-since-march-13045170

South Korea reports biggest rise in coronavirus cases since March

https://www.channelnewsasia.com/news/asia/covid-19-south-korea-biggest-rise-coronavirus-cases-since-march-13045170

Italy tops 1,000 daily COVID-19 cases for first time since May; rules out new lockdown

https://www.channelnewsasia.com/news/world/italy-tops-1-000-daily-covid-19-cases-for-first-time-since-may-13044572?cid=h3_referral_inarticlelinks_24082018_cna

Italy tops 1,000 daily COVID-19 cases for first time since May; rules out new lockdown

https://www.channelnewsasia.com/news/world/italy-tops-1-000-daily-covid-19-cases-for-first-time-since-may-13044572?cid=h3_referral_inarticlelinks_24082018_cna