Know how much insas equity growth in 10 years period?
So if you retain the profit to grow the equity then a point will be reached where your ROE will be low.
It only mean insas did not employ it cash to grow the earning fast enough.

If only insas buy back its share for cancellation then the NAPS will increase automatically.

As I say before if only insas distribute the huge retained profit back to shareholders then the ROE will increase automatically.

Next week will put in q buy 0.99, 0.98, 0.97, 0.96 and 0.95 see whether any of them match.

I think insas is the only stock in Bursa where its market cap is below its net cash.
Most likely by next week able to collect some below 1.00 and then next month below 0.9

If Yinson reward shareholders with RI of 5 year RPS with interest of 9.625% per annum many shareholders would have fully taken up the RI.

Is Yinson cannot get a normal USD loan from bank with lower interest rate than 9.625% to refinance the matured borrowing?

Yinson is paying more than double the US 5 Year Treasury Rate of 4.68%. Why?

5 Year Treasury Rate is at 4.68%, compared to 4.62% the previous market day and 3.71% last year. This is higher than the long term average of 3.75%.

The 5 Year Treasury Rate is the yield received for investing in a US government issued treasury security that has a maturity of 5 years

Anyone can comment why Yinson need to pay so much interest of 9.625% per annum for the USD 500 million senior secured bond issue with a 5-year tenor?

SINGAPORE, April 19, 2024 /PRNewswire/ -- Yinson Production Offshore Pte. Ltd. ("Yinson Production") is pleased to announce the successful placement of a USD 500 million senior secured bond issue with a 5-year tenor and a fixed coupon of 9.625% per annum in the Nordic bond market.

CapA and Maxis also face many problems in India, why?
And now sendai big contracts in India and middle east. What will be the outcome?

The different way to exit PN17
1. Debts restructure where every creditors agreed to a certain% haircut
2. White knight inject in new capital for equity
3. Assets stripping to settle debts

The next buying will be below 1.00 and after next below 0.9

Bought some Insas and WC yesterday.

Just wonder why people wants to average down a hopeless PN17 capA?

Still The No. 1 Rule For Stock Market Investors: Always Cut Your Losses Short

Judo masters begin not by learning how to throw, but how to fall. They practice this skill until it's as natural as breathing. No matter how many times they're flipped, they can rise to fight again.

Highly successful stock pickers go through similar training: They must learn how to cut their losses short. This means selling a stock when it's down 7% or 8% from your purchase price.

Sounds simple, but many investors have learned the hard way how difficult it is to master the most important rule in investing.

No one wants to sell for a loss. It's an admission that you made a mistake. But if you can set your ego aside, you can take a small loss and still be fit enough, both financially and mentally, to invest the next day. Cutting losses quickly prevents you from suffering a devastating fall that's too steep to recover from.

https://klse.i3investor.com/blogs/kianweiaritcles/2024-04-16-story-h-183774477-China_s_growing_plastics_dominance_is_squeezing_out_Asian_rivals.jsp

FY2023
RM'000
Interest expense 28,508
Dividend received from Joint Venture company 27,386

A RM 250,000,000 10 year term loan mean principal payment per year is RM 25 million.
Jaks other business are lose making except the JV Vietnem power plant contributed RM 27,386,000 to jaks cash inflow for FY 2023.

So where jaks going to get the cash inflow to pay bank principal and interest payment for years to come? More RI and PP coming?

The question to ask after this PP will there be more PP or RI coming in year to come.

Repost:
Facility Bank Purpose of borrowing
Interest rate (% per annum)
Principal amount(RM’000)
Tenure
Total amount outstanding as at LPD(RM’000)
Proposed repayment(RM’000)
Term loan Great Eastern Term loan provided to part finance the development cost of a 4-storeyshopping mall known as Evolve Concept Mall
6.0 250,000 10 years 211,418 13,000

A RM 250,000,000 10 year term loan for evolve mall and current outstanding RM 211,418,000 is this mean jaks did not pay the principal sum as scheduled?

BOD of CapA is now come out to clarify that contrary to the report, there was no media interview conducted on March 4, 2024, with The Edge or any other entity.

So who is telling the true? Stony or theedgemalaysia?


OTHERS CAPITAL A BERHAD ("CAPITAL A" OR "THE COMPANY") CLARIFICATION ON NEWS ARTICLES FEATURED IN THE EDGE MALAYSIA ON 15 APRIL 2024
CAPITAL A BERHAD

Type Announcement
Subject OTHERS
Description CAPITAL A BERHAD ("CAPITAL A" OR "THE COMPANY")
CLARIFICATION ON NEWS ARTICLES FEATURED IN THE EDGE MALAYSIA ON 15 APRIL 2024
We refer to the news article titled “Capital A seeks private placement to raise up to US$400 mil, say sources” in The Edge for the week of 15 April 2024 to 21 April 2024.

The Company wishes to clarify that contrary to the report, there was no media interview conducted on March 4, 2024, with The Edge or any other entity.

We wish to inform the shareholders that Capital A currently does not have any intention to undertake a private placement of new ordinary shares in Capital A of up to USD400 million. However, the management is in the midst of exploring a potential fund-raising exercise by its aviation business. The evaluation is still in its preliminary stage and the Board of Directors has not been presented with firm proposal to deliberate on. Shareholders are advised not to speculate in the trading of shares of the Company.

The Company will update the shareholders if there is any material development of the above matter in accordance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

The management intends to request The Edge to retract the report to ensure accurate representation.

This announcement is dated 15 April 2024.

Sadly but rightly in the kingdom of the blind, the one-eyed man is king.

Long time no see stockraider and his math still remain at same level of Fail.

Investors have 2 choice loh!

1. By Insas at Rm 1.08 and u can make 39% to 85%
2. By Insas-w Rm 0.255 and u can make 1.35% to 4.30%

In Malaysia even Bursa SC brought charge of accounting fraud but then the AGC just drop the charge and only ask Bursa SC to impose fines.

AGC's decision to drop charges against Serba Dinamik and four executives enabled quick punitive action, says Wan Junaidi
By Shazni Ong / theedgemarkets.com
03 Aug 2022, 02:40 pm
Updated - 07:38 pm

Isn't extradite CEO Dato’ Wu and his brother executive director Wu Lianfu to stand criminal trial in Malaysia Court the right thing and productive thing to do?

Isn't investigating and charging Xingquan External Auditor: SJ Grant Thornton, IPO: CIMB Investment Bank Berhad and PP & RI: RHB Investment Bank Berhad principal advisor, underwriter and placement agent for:
1. Gross negligence and failure to perform their fiduciary duty; and
2. Are complicit in above fraud/crime in auditing, preparing and approving Xingquan Financial Account, IPO Prospectus and RI Prospectus the right thing and productive thing to do?


A reasonable exercise of care or due diligence should have detected cash and bank balances in eight bank accounts collectively belonging to Xingquan that were false or misleading.

Note: A precedent case had been set whereby external auditor KPMG and Deloitte pay USD 80 million each and Ambank pay USD 700 million to settle claims linked to the 1MDB scandal

I can only wish in time to come we will have an inclusive Sarawakian to be our PM. But then again will the ketuanan Malayu allowed that to happen and our election system only favour Semenanjung Malay to be our PM.

I have more respect for our Sarawakian the Minister of Tourism, Arts and Culture Mr. Tiong King Sing than any present and past MCA, Gerakan or DAP minister.

So what hope can we have in Malaysia?

No mater who is our government or who will be our PM, it is still business as usual. The rich will be richer, the poor poorer, the corrupt will be even more powerfull and super rich and the fanatic will be even more extremist, intolerance and more vocal and violence.

Even with my yearly repeated email to prompt Bursa SC to take further actions but still no further action is forthcoming.

Already change how many government and PM since my first complaint and delisting of Xingwuan but the CEO and Executive directors still get away with murder.

What governance are we talking about?

Dear SC,
Referring link below:
https://theedgemalaysia.com/node/705743

I am impressed by the action taken by SC in year 2023 especially on ongoing criminal enforcement efforts, which were undertaken with the public prosecutor’s consent, initiated 15 civil actions, including the issuance of letters of demand and restitute back recovered stolen money to aggrieved investors.

Referring below SC announcement
https://www.sc.com.my/resources/media/media-release/sc-reprimands-three-china-based-companies-and-says-retention-of-four-directors-prejudicial-to-public-interest

The SC reprimanded Xingquan, its Executive Chairman and CEO Dato’ Wu Qingquan, Executive Director Wu Lianfa, former Non-Independent Non-Executive Director Ng Sio Peng and former Senior Independent Non-Executive Director Zhou Liyi for:

falsely recording a loss of RMB415.7 million from the sale of inventory by Xingquan’s wholly-owned subsidiary;
furnishing to Bursa Malaysia a false agreement between the said subsidiary and a third party;
furnishing false or misleading financial statements to Bursa Malaysia; and
recording cash and bank balances in eight bank accounts collectively belonging to Xingquan that were false or misleading.
I am thankful to SC for taking the above reprimanded action but are the reprimand actions considered as justices done and case closed with no further actions?

In view of the seriousness of offends/frauds committed by the fraudsters and their total disregard/contempt shown against authorities of SC and BURSA with no respect for Malaysia Law.

Please pardon me to ask the below repeated questions:

Question 1: Is SC intend to make an extradition request with the Chinese government to extradite CEO Dato’ Wu and his brother executive director Wu Lianfu to stand criminal trial in Malaysia Court?

Question 2: Refer google search: https://www.google.com/search?client=firefox-b-d&q=gertop

Xingquan brand products (Gertop) are available for sale at many online shopping websites. This means Xingquan still has production lines and assets in China but the China owner and Management team just took us Malaysians as fools and showed utmost contempt to SC and BURSA authorities/Malaysia law.

Will SC now invoke CMSA 2007 section 358 (1) in the public interest, taking legal action against Xingquan to recover loss on behalf of victims who suffers loss or damage by reason of, or by relying on, the conduct of another person who has contravened any provision of Part VI or any regulations made under this Act, the amount of the loss or damage by instituting civil proceedings against the other person whether or not that other person has been charged with an offence in respect of the contravention or whether or not a contravention has been proved in a prosecution?

Question 3: Is SC investigating Xingquan External Auditor: SJ Grant Thornton, IPO: CIMB Investment Bank Berhad and PP & RI: RHB Investment Bank Berhad principal advisor, underwriter and placement agent for:

1. Gross negligence and failure to perform their fiduciary duty; and

2. Are complicit in above fraud/crime in auditing, preparing and approving Xingquan Financial Account, IPO Prospectus and RI Prospectus.

A reasonable exercise of care or due diligence should have detected cash and bank balances in eight bank accounts collectively belonging to Xingquan that were false or misleading.

Note: A precedent case had been set whereby external auditor KPMG and Deloitte pay USD 80 million each and Ambank pay USD 700 million to settle claims linked to the 1MDB scandal.

Thank you

Selamat Hari Raya Aidilfitri
Maaf Zahir Dan Batin

Best Regards,
Lee Soon Sheng

Just attend any AGM of listed company and tell me is governance alive or a stillborn?

Did any shareholders or Bursa SC hold the BOD accountable, responsible and answarable?

At least Johoreons cross over to Singapore to earn Singapore dollar and brought back the need foreign currency to develope the state.

On the other end Kedahan cross over to Thai to enjoy themselve or marriage another wife and spend all the government given free MYR in Thailand.

PAS already penetrate all the Sekolah Kebangsaan National and already brainwashed these students to an extent that they will be PAS hardcore supportors for life no matter what.

Malaysians are caught between a rock and a hard place because Malaysia election system are designed in such a way to benefit only a certain race.

What choice do I have when my place of vote is betwwen PAS and PKR?
I used to vote for PKR but still PAS win the seat because in my place when you walk in the voting station/Sekolah Kebangsaan National the writing is already on the wall PAS will win.

Compare Johor to Kedah. Johor will developed to next level but not Kedah.

You need good education, entrepreneurship, open minded and work ethic of integrity, responsibility, quality, discipline, hardworking and teamwork to develop the state.

It does not matter whatever % of ethnicity a state has.

Date
Type
Designation
Name
View
01-Jan-2024 APPOINTMENT Executive Director MISS KU EK MEI View Detail
01-Jan-2024 APPOINTMENT Executive Director MISS KHOO LEE FENG View Detail

Very interest to know how much KSL will paid the two newly appointed executive director?
Meanwhile shareholders are still hoping to get somethings like "potential corporate exercises that KSL may do to enhance shareholders' values"

KSL is very lucky to be in the nice/hot spot of Johor property play.

Religious harmony in Indonesia
While Muslims make up 87 percent of the Indonesian population, Islam is not the country’s official religion. Instead, Indonesia highly values religious harmony, encapsulated in a state philosophy known as Pancasila, and its Constitution guarantees freedom of religion.

For both Muslim and Christian Indonesians, Allah has been used as the word for God for centuries. The Arabic word first spread to Southeast Asia in the 1100s as Muslim sultanates were established, and then was incorporated into the Malay language family, which includes Malaysian and Indonesian.

JAKARTA: Indonesia’s largest Islamic organisation, Nahdlatul Ulama, has issued a call to end the usage of the term “kafir”, or infidel, to refer to non-Muslims in state or citizenship matters, a move that may be aimed at calming religious tensions ahead of the presidential election.

Nahdlatul Ulama, with around 140 million members, said at its recent National Conference that non-Muslims shouldn’t be referred to as “kafir” as they have equal standing in state affairs.

The conference concluded non-Muslims should be referred to as “muwathin,” or citizens with the same rights and obligations as Muslim Indonesians, according to Ahmad Muntaha, secretary of Nahdlatul Ulama’s East Java Ulama Assembly.

Muntaha said in a statement published on the group’s website on Friday that a Muslim shouldn’t address non-Muslims as “kafir” in any social context.

The conference also emphasised that as a state, Indonesia wasn’t established by Muslims only, the statement said.

Indonesia’s largest Islamic group says non-Muslims shouldn’t be called ‘kafir’
Bloomberg
-
03 Mar 2019, 08:01 PM
140 million-strong Nahdlatul Ulama says non-Muslim citizens have equal standing in state affairs.

Since Vern' already apologise and acknowledge that there are shortcomings in the logo’s design that could lead to misinterpretation, thereby offending the feelings of many parties.
Hence what do you expect to happen next?

The question to be asked is why business owners take the easy way out by apologising for a mistake that never was. Shouldn't the busniess owners take legal action against perpetrators till their pants drop if necessary to start a precedent?


Vern’s Holding said the logo design, imprinted on the sole, “was inspired by the image of interconnected lines resembling a high-heeled shoe”.

"We acknowledge that there are shortcomings in the logo’s design that could lead to misinterpretation, thereby offending the feelings of many parties,” the statement said.

“We have absolutely no intention of designing a logo aimed at belittling or insulting any religion or belief. The management would like to humbly apologise and seek forgiveness. We hope for compassion so we can rectify this mistake,” the statement said.

Market Information
Market Data Overview
Market Data Overview
As at 09 Apr 2024 05:00 PM
Derivatives
Night & Day Session
Night Session
NO NAME MONTH LAST DONE CHANGE VOL (`00) OI
1 FCPO Jun 2024 4,320.0000 +25.0000 27,014 96,178
2 FCPO Jul 2024 4,248.0000 +28.0000 12,232 71,644
4 FCPO Aug 2024 4,173.0000 +31.0000 5,907 33,405
5 FCPO Sep 2024 4,113.0000 +36.0000 5,519 32,838
6 FCPO May 2024 4,395.0000 +13.0000 4,106 31,265
8 FCPO Apr 2024 4,520.0000 +6.0000 173 2,228

The urgent need for now is to educate all the politicians on all the above 10.

No need manpower you just need an AI to look into all the logos of all companies and come out with the allowed and disallowed list or a boycott list.

Look at maxis logo. Can you see the A word?

Jayatiasa
Market Cap: 1,344 Million
NOSH: 974 Million
Fresh Fruits Bunches (MT) quarter end 31th March 2024: 216,825.00
FFB Y to Y increse 14%
But Q to Q drop 37% highest drop among all the others plantation

Sarawak oil palm
Market Cap: 2,788 Million
NOSH: 891 Million
Fresh Fruits Bunches (MT) quarter end 31th March 2024:
286,086.30
FFB Y to Y increse 9.72%
Q to Q drop 17.95 %

Are we talking on capA and AAX? Or are we talking about bank?
So capA is in deep debts is good for AAX? Because AAX can turn these debts into assets?

How to close the deal when capA aviation is in deep debts and AAX do not have the money to bail out capA?

Loan can be an assets??? How????

How to close the deal when capA aviation is in deep debts and AAX do not have the money to bail out capA?

Data center is capital intensive, need high skill and big R&D budget to innovate with latest technology. And the big player can just throw price to attract new clients to their data center.

Ytlpower is no match to those big tech companies that own and run the data center.

KUALA LUMPUR (April 9): Alibaba Group Holding Ltd’s cloud computing unit has announced a new pricing strategy for international customers with price reductions of up to 59% for core public cloud products using the company’s international data centres out of mainland China

YTL should not enter into data center business but become a developer included utility provider and main contractor of its 664ha of plantation land Kulai Young Estate in Johor as data ceter hub for data center companies

Globally, the top 250 data center companies comprise a mix of cloud service providers (CSPs), retail colocation firms, and wholesale data center operators. These data center providers and operators deliver power and cooling infrastructure in highly specialized buildings that house computer servers and network equipment.

In total, the 10 largest providers and operators of data centers, including Amazon Web Services (AWS), Microsoft Azure, Google Cloud, Meta Platforms, Equinix, Digital Realty, NTT Global Data Centers, CyrusOne, GDS Holdings, and KDDI’s Telehouse, operate over 1,250 facilities around the world.

KUALA LUMPUR (April 9): The negotiation period for Capital A Bhd’s sale of AirAsia's aviation business to AirAsia X Bhd (AAX) has been extended for the second time to April 30, 2024, the two listed companies said.

Capital A and AAX have mutually agreed to extend the negotiation period for the sale of the aviation subsidiaries, namely AirAsia Bhd (AAB) and AirAsia Aviation Group Ltd (AAAGL), their respective filings showed.

The negotiation period, which was initially set for two months, was first extended to April 15.

KUALA LUMPUR (April 9): Alibaba Group Holding Ltd’s cloud computing unit has announced a new pricing strategy for international customers with price reductions of up to 59% for core public cloud products using the company’s international data centres out of mainland China.

This in line with the tech giant's latest strategy of prioritising artificial intelligence (AI) to ensure that essential computing resources are within the reach of its customers.

The new pricing strategy, which is already implemented, covers five core public cloud product categories, including compute, storage, network, database and big data products, with an average 23% price reduction