Any reasons why US economy and stock markets will crash if crude oil surge to test its previous high of US$145-150 per barrel or higher when US is net exporter?

Petroleum products net exports/Gross crude oil imports. The US will remain a net exporter of petroleum products through 2050, according to the 2023 Annual Energy Outlook (AEO2023) from the US Energy Information Administration (EIA).23 Mar 2023

“Lobbying for a pardon?”: Netizens mock Najib over visit to Agong’s Hari Raya-do
By G Vinod
05/05/2022

Netizen iHammy retorted: “Kesalahan boleh diampunkan, tapi bukan erti akibat kesalahan itu dibatalkan! Ampun 100X pun akibat kesalahan mesti dihadapi – masuk penjara!!!.

(His guilt can be pardoned but that does not mean he did not commit the wrong)

In July 28, 2020, Najib was sentenced to 12 years’ jail and fined RM210 mil after he was found guilty of all seven charges related to the misappropriation of RM42 mil from SRC International Sdn Bhd.

The Court of Appeal upheld the decision on Dec 8 last year and admonished the former prime minister for arguing that he had only acted on “national interest”.

“There is no national interest here, only national embarrassment,” Justice Datuk Abdul Karim Abdul Jalil had stated.

Becoming Zimbabwe

On that note, user Schmuelsons Reid said that Najib is probably the only convicted criminal in the world who is still walking free shamelessly as if he had done nothing wrong.

“Satu-satunya tertuduh yg bebas ke sana kemari tanpa segan dan seolah tidak bersalah. Beginilah jatuhnya standard keadilan di negara kita. Tak lama lagi apa yg kita lihat di Zimbabwe, Nigeria, West Africa dan lain2 negara Africa yg mundur dan korup, akan berlaku di Malaysia.”

The are many type of con stocks.
1. Insiders con (Serbadk)
2. Sharks pump and dump (KYY)
3. Sifus over promote (Hengyuan, Hiaptek and etc)
4. Insiders every year either PP, RI at lower and lower price, reward themselve with LTIP free grant and the stock price dropping non-stop(Jaks)

Posted by PureBULL ... > Apr 6, 2024 2:48 PM | Report Abuse
mike-tikus is the # 1 iliot on i3.

he is doing his whole life with giant purebear stock i.e.
going down to infinity ZERO

Mikecyc
Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 07/06/2024. Please refer to the Terms and Conditions of Use and Community Standards of this portal.
Basic Info
User Id Mikecyc

Ular get Mike-tikus suspended!👍👌

AG let go a crook. You need to consult lawyer whether as shareholders can shareholders take a class action against AGC to compensate shareholders lose?

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


Posted by Tanleechoo > Mar 12, 2024 8:43 PM | Report Abuse
I pun Kenal badly ! So far what action the authorities taken?

The risk insas price stay below 90 sen and the reward shareholders rewarded with another RI of RPS with free warrant in year 2026.

Those who chase up to RM 1.30 no worries one fine day Insas will reach my TP of RM 1.50 and beyond.

This will depend on whether there are any hostile take over or BOD managed to employ Insas RM billion cash hoard into new business that generate more revenue, more profit and give better dividend.

Insas is definately not a con stock. Insas is just a value trap waiting for something or somone to unlock the value.

Serba, YNH, Rapid and many others with no fundamental but goreng high are the con stocks

Q buy more than Q sell. Mean those want to sell already sold. And buyers also do not want to chase high (thin trading volume) hence the price will stay range-bound till next quarter result out.

Agreed with ular.
Better take some profit and move to Philip punya Yinson.

Shoild take some profit on YTL and move some money to Yinson🤑

1. Rule No.1 - never lose money by investing in stock promoted by snake oil saleman aka conman Mike-tikus day and night 24/7/365 with fake/misinformation/misleading FA and TA
2. Rule No.2 - don't forget rule No. 1

Wonder not, because leno say insas RM 60 kambiiiiing hence why want to sell at RM 1.30+?

Timing beside on stock price you need to look into the micro and macro conditions that will affect the earning of that stock.
Sell if earning will drop and buy back when the earning will increase

And if that stock earning will depend on commodities price then monitor the commodities price trend
https://tradingeconomics.com/commodities

WellnessAntiCancer Investing successfully is a lonely road.
If someone follows the crowd, then the performance is average with them.
You have to be right when you invest and wait ALONE. - Howard Marks,CEO Oakstree, Top Tier Fund manager, >50 years.
04/04/2024 12:17 PM

Sslee Investing is not a lonely road unless you are Mr.Looooong Philip.
You can put 20% of your money into trading and have fun.
04/04/2024 12:29 PM

Sslee It will be lonely and boring if you like watching paint dry, like Philip or 3iii who insist his way is the only right way in investment.

So have fun and do some trading but never be like Mike-tikus trapped himself at jaks floor 19.

Know the business and the commodities price trend and you will be suprised it is not hard to trade an up trend stock for a reasonable profit.

TheContrarian is the master in trading undervalued stocks.
04/04/2024 12:41 PM

Mr Lee Soon Sheng, a shareholder mentioned that he intends to mobilize not less than 50 shareholders to send in requisition to move and vote on resolution requiring special notice under Section 322 of the Companies Act 2016 at the 57th AGM of INSAS :
To approve share distribution on the basis of one (1) Inari Amertron Berhad (“INARI”) (Company
No. 1000809-U) share for every two (2) existing ordinary INSAS shares of RM1.00 held in the Company.

His reasons for doing so are:
(a) To boost the INSAS share market price above RM1.00 so that warrant holders have the opportunity to convert their warrant with payment of RM1.00 into INSAS share
and at the same time receive the INARI share distribution rather than total losses if warrants expired on 25/2/2020 out of money. By so doing INSAS will receive RM265,202,536 and can utilize half of the sum to redeem the RPS.

(b) Reward the existing shareholders by distributing the INARI share to them and make it less tempting for big shark to make a hostile take-over.
Will the Board support the resolution? If NO what are the reasons for rejecting the resolution?

Board answer:

Based on the current depressed market conditions, the Board will not support such resolution as the Board believes that the distribution of INARI shares by way of dividend in specie or otherwise to all INSAS shareholders is not in the best interest of the Company.
Reasons (amongst others):
(a) for prudent management, INSAS needs to retain adequate reserves to weather any potential unforeseen deterioration in the market conditions, and to position the Group for future growth and any good investment opportunities which may arise during this downturn;

(b) pursuant to the Companies Act 2016, a company may only make a distribution to the shareholders out of profits of the company available. As of 30 June 2018, the available profit of the Company is RM22.0 million only; and the priority of the Board is to retain sufficient available profit to redeem the RM132.6 million RPS which are due to mature in February 2020;

(c) INSAS has more than 26,000 registered shareholders and the share distribution will create a large free float of INARI shares in the market, and the increased liquidity will likely depress further the market price of INARI; and

(d) INARI contributes a significant annual equity profit and cash dividends to INSAS.

It will be lonely and boring if you like watching paint dry, like Philip or 3iii who insist his way is the only right way in investment.

So have fun and do some trading but never be like Mike-tikus trapped himself at jaks floor 19.

Know the business and the commodities price trend and you will be suprised it is not hard to trade an up trend stock for a reasonable profit.

TheContrarian is the master in trading undervalued stocks.

Investing is not a lonely road unless you are Mr.Looooong Philip.
You can put 20% of your money into trading and have fun.

I wrote in my 2013 New Year Sharing: Have you ever wondered what life is about?
I recalled watching a TV program: The Journey of Civilization. The guest speaker said,

“From Confucianism, (Ruler has ruler responsibility, subject has subject responsibility, father has father responsibility, and son has son responsibility.) I learn to take on responsibility. (拿得起)

From Buddhism, (Things are in flux never still. It’s begins from emptiness, will end in emptiness and reemerge from emptiness. Life is cycles of birth and death until Enlightenment and Nirvana.) I learn when to relinquish my responsibility and let other take over. (放得下)

From Taoism, (Heaven and Earth are one. Nature and Man are one.) I learn to live with nature, at peace and at ease with myself and others.” (看得开)
How beautifully and elegantly this speaker summary what life is about?

As Chinese Malaysian we were brought up with the influence of Confucianism, Buddhism and Taoism which are more about philosophy, spirituality, way of life and tradition belief/practices than religion.

https://en.wikipedia.org/wiki/Buddhism
https://en.wikipedia.org/wiki/Taoism
https://en.wikipedia.org/wiki/Confucianism

https://klse.i3investor.com/blogs/Sslee_blog/2020-02-18-story-h1483850146-SC_wants_you_to_participate_effectively_at_an_Annual_General_Meeting.jsp

SC wants you to participate effectively at an Annual General Meeting
Author: Sslee | Publish date: Tue, 18 Feb 2020, 12:42 PM

https://klse.i3investor.com/blogs/Sslee_blog/2018-08-25-story171152-Why_you_should_attend_annual_general_meetings_if_you_re_an_investor.jsp
Why you should attend annual general meetings if you’re an investor
Author: Sslee | Publish date: Sat, 25 Aug 2018, 10:06 PM

After we sign the S&P, we have to get shareholders’ approval, which will take a couple of months, and then court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity.

Will AAX price fall into penny stock then when the court approvals for capital reduction and then relist it, and then we hope to raise US$300 million or US$400 million of equity?

Anyone can make a checking with CTOS what is the credit rating of Jaks and ALP?

Is Mike-tikus does not know or he pretend that he does not know his day and night promoting jaks 24/7/365 non stop is aka to snake oil saleman or conman trying to sell something he bought high and trying to sell higher to suiyee sucker billis?

Mike TA say jaks floor 19 is the ground floor so trapped himself at floor 19 and can't walk out.
If jaks default on bank borrowing payment then it will be a PN17 company and became really penny stock and Mike-tikus can then easily jump from floor 1 to .............

By thevway this year so far my dividend reveived already 90+K.
Month end another dividend from KPS and next month from OSK and MHC.
Mike-tikus don't get envy ya!

Mike-tikus what is your book lose in jaks? No more boasting 1 sen up is 6 digits gain🥲😱

Repost:
Dumbass Mike-tikus below how M&A report its Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income for the Quarter Ended 31 December 2023.
So go and figure out how Insas consolidate the M&A account ? And what are Other Operating Expense RM (12,173,000) and Other Operating Income RM 5,728,000 ?

Quarter Ended
31/12/2023
RM'000
Revenue 13,173
Cost of Sales 3
Other Operating Expense (12,173)
Other Operating Income 5,728
Profit from Operations 6,731

Jtiasa pay two dividend per year.
One in April and another in Sept

Yesterday my jayatiasa dividend RM 22.5K already in the bank.
Leno invest in Insas-WC no dividend income and against Insas increase the dividend payment.

Luckily I bought more jtiasa

The question is not when but will there be more PP and RI coming till 2030?

Petrochemicals had historically been an exception to Beijing’s general push to be self-sufficient in basic materials, but the new plants being built by Rongsheng, Hengli and even offshore players such as BASF SE are changing that picture. As a result, traditional trade deficits in most downstream oil derivatives are turning into substantial surpluses:

A crucial question for the direction of the global climate is how the rest of the world now responds. Executives running petrochemical facilities outside China are facing glutted markets erasing their profit margins. The EU in November imposed anti-dumping duties on Chinese products made from PET, the type of plastic derived from polyethylene that’s widely used in bottles.

In Europe, competition from the influx of low-cost Chinese products in recent months has been an issue for chemicals producers on a par with the disappearance of cheap Russian gas as feedstock. “We see imports from China coming in, in an order of magnitude like never before," BASF chairman Martin Brudermüller told an investor call last month.

Right now, plants outside China are still holding on and pumping out products at a loss, in the hope that global consumption of plastics will eventually catch up. There’s no guarantee when, or even whether, that happens. Should the global chemicals sector capitulate to the tidal wave of polymers flowing out of China and shut down, 2024’s demand surge might look like oil’s last gasp, before decline and fall set in.

More From Bloomberg Opinion:

No.
Bursa has listing rule and regulation.

https://tradingeconomics.com/commodity/steel

Steel futures extended their slump and fell to CNY 3,330 per tonne in April, the lowest since March 2020, as persistent pessimism over the health of the Chinese property market sustained a poor outlook for ferrous metals. The developments were lastly underscored by grim corporate results for key property developers, with Vanke reporting a 50% slump in their core profit for 2023, while debt-ridden Country Garden delayed the publication of their report. Additionally, industry data showed that the value of new homes from the 100 largest Chinese real estate companies plunged by 46% in March. Poor consumer demand for new homes drove constructors to slow the purchasing of ferrous-metal-intensive construction material, driving stocks of iron ore inputs in China to surge to a one-year-high of nearly 130 million tonnes.

From 2020 to December 2023 >
Total Share of Profit from JHDP JV = RM 431.703 Million
But dividend received from JHDP only RM 97.386 Million

You need to ask BOD why JHDP keep the profit and only distribute a mere dividend of RM 97.386 million?

Maybe a special dividend of 30 sen pay from the accumulate profit.

TTB just simply quote from Laozi and Zhuangzi, Liezi as Daoist thinkers but miss the real meaning of Dao and Buddhism: Search for self, all is within you.

Malaysia kick Singapore out because Singapore have nothing unlike Sabah and Sarawak big land and full with natural resources.

At last KYY learnt his hard lesson on margin forced selling. He now based on TA to cut lose.

Posted by yewyin33 > Mar 30, 2024 9:04 AM | Report Abuse

My reason for selling Eversendai Koon Yew Yin, 30th March 2024
I started buying Eversendai shares on 15th March 2024 when it dropped 1sen to close at 32 sen.
Eversendai price chart below shows it went up 2.5 sen in 4 trading days and it dropped 9.5 sen in 7 traing days.

Yesterday afternoon, I decided to sell all my Eversendai shares because it closed at 29.5sen and I lost money

https://klse.i3investor.com/blogs/Sslee_blog/2018-03-23-story-h1453288456-HENGYUAN_50_Notices_of_Requisition_needed_to_move_and_vote_on_proposed_.jsp

Our previous attempt at Hengyuan.
Our resolutions 11&12 only get 1.03% of vote at the AGM

Yes. As long as you give notice of at least twenty-eight (28) days to company secretary before insas next AGM/EGM to include in your submitted resolutions to be vote by shareholders during AGM/EGM.

Is nowadays everyone can guess what is KYY intention from his writing?

Posted by SuperPanda > Apr 1, 2024 12:38 AM | Report Abuse
uncle play old trick ask people to buy solar counters.. coz he want to sell

And as is his intent, so is his acts.

Now as a man is like this or like that,
according as he acts and according as he behaves, so will he be;
a man of good acts will become good, a man of bad acts, bad;
he becomes pure by pure deeds, bad by bad deeds;

And here they say that a person consists of desires,
and as is his desire, so is his will;
and as is his will, so is his deed;
and whatever deed he does, that he will reap.

— Brihadaranyaka Upanishad, 7th Century BCE

Can compete with made in China?

Yoong Onn Corp Bhd is an integrated designer, manufacturer, distributor and retailer of home linen and bedding accessories. It also supplies bedding and bath linen and accessories to hospitality-based institutions, including military accommodations, cruise ships, hospitals, and the royal customs. The company is organized into three principal operating division, Manufacturing; Distribution and Trading; and Retailing. Its primary geographic markets are Malaysia, Singapore, and others. Malaysia contributes the vast majority of total revenue.

Cocoa bean is the raw material.
The products are the refined cocoa butter and cocoa powder.

Student: To solve the problem need to remove the root cause (remove the wrong type of shareholders)

Master: To solve the problem need to remove the root cause (remove the stagnant NAV). Need to increase NAV at faster rate.

Which is which, NAV or wrong type of shareholders the symptom or the root cause?

神秀说：“身是菩提树，心如明镜台，时时勤拂拭，勿使惹尘埃。”
惠能说：“菩提本无树，明镜亦非台，本来无一物，何处惹尘埃。”

Anyone holding 2.5% can give notice of at least twenty-eight (28) days to company secretary before insas next AGM under Section 322 of the Companies Act 2016 to move the resolutions: (Any resolutions for shareholders voting during AGM)

Pursuant to Section 323 of the Companies Act, a motion may be requisitioned by shareholders if it is requisitioned by:

(i) members representing 2.5% of the paid-up capital with voting rights; or

(ii) at least 50 members with the right of vote, where the average paid-up sum for each member exceeds RM500 per member.

As as is his intent, so is his acts.

Now as a man is like this or like that,
according as he acts and according as he behaves, so will he be;
a man of good acts will become good, a man of bad acts, bad;
he becomes pure by pure deeds, bad by bad deeds;

And here they say that a person consists of desires,
and as is his desire, so is his will;
and as is his will, so is his deed;
and whatever deed he does, that he will reap.

— Brihadaranyaka Upanishad, 7th Century BCE

It is not about whether the story is true or not, it is all about human kindness, compassion and intention.

Yes.
Print more RM to give to those affected by rising living cost and very soon you will see the exchange rate of one USD or One Singapore dollar RM XX.XX