I am not a shareholder but I believe the shareholders must write to bursa or question the board.
Purchasing car using company money is a normal thing in Malaysia, but to purchase a 8.2m Ferrari is totally bs.. If gt no good use of the money give high dividend then boss sendiri buy la..

Found on website.

Dividend Policy
We aim to pay approximately 50% of our consolidated financial year Profit after Tax.

Does LCTitian have a dividend policy? Can search on annual report.

S. Korea reports 252 breakthrough infections, 143 of them with Janssen vaccine

Of the total, 143 were administered with Johnson & Johnson's Janssen COVID-19 vaccine followed by 59 with Pfizer's and 50 with AstraZeneca's, the Korea Disease Control and Prevention Agency (KDCA) said.

With vaccine also can get covid.

He is disposing warrants not share..

Quite disappointed with no dividend again. I was not hopping for big dividends given by other glove companies but to give small to reward us who are planning to keep for long term.

I sold all of mine guys, after holding close to 2 years. Small but good profit, gd luck others.
Might consider again if its below 0.18.

Company still earn as they bought back before split. 2:1 , so the price they sold is 6.60.

speakup 3 more minit to grab Mr DIY for fat 73sen dividend!

Its 0.0073, that is 0.73sens not even 1 sen.

Wah, bosses sell quite abit... Cheapest at 2.45.
Might be bad sentiment for contra ppl.
Should be good long term.

New customer man, good job everyone holding. The last article was only buying land for victory but now seem Victory and customer Y. Another 3 potential customer but they cannot do their business due to no capacity. How good is that, probably other EMS players will get this 3 customers that VS cant take in.

Wow seems like i made a big mistake selling today..

Took nasi lemak small profit after selling at 6.99 after buying on margin a week ago.. Will buy back end of the month!

Pantech is being pushed, because of warrant expiry?

http://kawanfood.com/index.php/our-company/
Nareshchandra Gordhandas Nagrecha, British, Male, Aged 67

The second largest shareholder, Goshenite Ltd, currently holds a 23.84% equity interest in the company and is an existing customer. This is the vehicle of Nareshchandra Gordhandas Nagrecha.

tbh, i dont undestand how MYEG can afford to buyback so much.. Their cash is around 20 cent but they buy back 4% of shares already. They take loan to buy shares?
The company should have made profit from the shares they bought back at earlier price..

Price drop abit after results then rebound. Who sold...
lol.. Why?

Just keep, i keeping since 1.31, my price is lower but i topped up at higher price once along the way..

Shayng No history of private placement push up the share price but limit down price...think abt if someone take the private placement and what price they are looking for

I can give you an example where share price when up in short term. KAB, when they had private placement of 20% of total share for bumi directors so they can transfer to Main board. Price of pp was 0.18 cents in Oct 2019. Price went up to RM2+ before March 2020.

Not only no debt + oil is cheap so better chance at cheap assets + low interest rate.
Management is smart and works hard.

Hopefully they give some dividend.

Placement arrangement

The CRPS are intended to be placed out to Malaysian and foreign investors who fall within the
ambit of Schedules 6 and 7 of the Capital Markets and Services Act 2007 (“CMSA”), to be
identified at a later date by way of book-building.
In this regard, such persons who qualify as placees under Schedules 6 and 7 of the CMSA
include:
(i) a corporation with total net assets exceeding RM10.00 million or its equivalent in
foreign currencies based on the last audited accounts; or
(ii) a partnership with total net assets exceeding RM10.00 million or its equivalent in
foreign currencies; or
(iii) individuals whose total net personal assets, or total net joint assets with his or her
spouse, exceed RM3.00 million or its equivalent in foreign currencies, excluding the
value of the individual’s primary residence; or
(iv) individuals who have a gross annual income exceeding RM300,000.00 or its equivalent
in foreign currencies per annum in the preceding twelve months; or
(v) individuals who, jointly with his or her spouse, have a gross annual income exceeding
RM400,000.00 or its equivalent in foreign currencies per annum in the preceding twelve
months.

2. The following persons may also subscribe for the CRPS through the book-building exercise to
be carried out for the Proposed Private Placement of CRPS provided they qualify based on the
requirements above:
(i) the shareholders of Hibiscus Petroleum; and
(ii) the major shareholders and/or Directors and/or Chief Executive (as defined in the Main
Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa
Securities”) (“Listing Requirements”) of Hibiscus Petroleum and/or persons
connected to them

Not all shareholders i think you need to tell your remiser that you interested and also need to fulfill the top conditions.

"The COVID-19 pandemic and low oil price environment initially slowed down M&A activity globally in the first half of the year. However, with the ramp-up of economic activity globally, the outlook for the oil and gas sector is also improving. In addition, a focus on developing opportunities in the renewable energy space has caused established E&P players, particularly those headquartered in Europe to assess their portfolios and restart their oil and gas asset divestment programs," Hibiscus said.

Hibiscus is not new to Europe, as it is a partner in the Anasuria Cluster of offshore oil fields in the UK North Sea, 175 km east of Aberdeen, UK North Sea. It also owns a stake in Marigold and Sunflower fields in the North Sea. Hibiscus expects to get the approval for Field Development Plan for the Marigold development by the end of 2020.

Worth noting, while mentioning European players and their assets, Hibiscus' targeted acquisitions are not necessarily only focused on Europe.

Kuala Lumpur-based Hibiscus Petroleum said it would prioritize assets with strong production potential coupled with cost optimization opportunities "and remains committed to growing its business in its areas of geographic focus, particularly South East Asia."

Managing Director, Dr. Kenneth Pereira, said: “The Group has previously reiterated that it is positioning itself to acquire good-value, high-quality producing assets in our areas of geographic focus. With asset values dampened due to the current oil market, we see this period as an opportunity to add to our portfolio of producing assets."

Actually if you are long term holder is a very good opportunity and good return.

Parameters Producing assets
Payback period(i) ≤ 5 years
IRR(ii) ≥ 12%

Their internal rate of return is above 12% and short payback of 5 years. If got i got so much extra money, i wont mind buying also. But what i dont understand is this if for South East Asia producing assets, last few days they said they been offered 3 blocks in UK.
Does that means they plan to skip the UK 3 blocks or they plan to take on debt if they want to purchase those mature producing assets. 3 mature assets is good deals since close by to Anasuria FPSO.

If gt money buy today !

“As a forward step for the remaining period of the calendar year 2020, the group has locked in future sales of 750,000 bbls at an average price of US$35 per bbl at North Sabah,” it added.

Sabah side not going to earn according to actual market rate... Seems like bad deal, need to hope Anasuria can earn more to cover.

Dont forget Hibiscus signed agreement with Trafigura, it has also taken the opportunity to lock-in the sales price for a substantial portion of its North Sabah production over the CY2020 period. In a separate statement, Hibiscus explained that the "locked-in" North Sabah sale was for 750,000 bbls at an average price of USD 35/bbl.


On average 1 offtake is 150k bbls, so they need to sell 5 offtakes at USD 35. In 3 months they sell around 2 offtakes from North Sabah. Next 2 QR going to be bad unless they managed to renegotiate the price. They might get better price for their Anasuria oil but that is normally around 1 offtake only. 2/3 is in North Sabah, unless you keeping Hibiscus for long term and oil price is high in next year.

Not many buying at the moment, i think as no information on value in ringgit and volume.

Result out after close what! With this results tomorrow only will see it drop most likely, now PE:80+already.

wow.. First lost making quater!

If tomorrow fall, buy...
If tomorrow up, buy also!

Hollyshitt.. Thank got i kept more than half of my supermax. Too bad i topup kossan instead of more supermax today.

i re-read the quarter report they will only be paying out on 18 August 2020. That's why its not here, another 11 days to go.

What platform are you using? I'm on Rakuteen..

Have anyone gotten their share dividend?
It should be given on the ex-date right which is 29-Jul-2020.

I believe mid 1.3ish to 1.40 should be no issue this week..

Sold my topglove today for small profit and switched to Supermax at cheaper price with more lots.

wow.. wow.. congrats to those that hold.. too bad, i dont..

Wow, considered bad actually..
If not for asset goodwill adjustment, glove division made lost when other glove counter making tons of money. Other glove counter price ASP increase,here they clear stock sell cheap??

Rubber Gloves
HL Rubber Industries Sdn. Bhd. (“HLRI”) is principally engaged in the business of manufacturing and trading of rubber gloves. Rubber gloves segment delivered revenue of RM17.287 million, decrease of 20.53% as compared to RM21.752 million in preceding year quarter. The lower revenue was mainly due
to the decrease in sales volumes for the current quarter. Export sales contributed 88.14% of the total revenue of rubber gloves segment. The export market mainly consists of Taiwan, Japan and United States of America.

The rubber gloves segment recorded a gross loss of RM1.259 million with gross loss margin 7.28% as compared to a gross profit of RM0.675 million with gross profit margin of 3.10% in the preceding year quarter. The rubber gloves segment recorded loss before taxation of RM1.272 million as compared to a loss before taxation of RM0.385 million in the preceding year quarter. The loss was mainly due to HLRI clearing of the old stock at the discounted price in the current quarter under review. This is to facilitate the production flow to run full capacity due to overwhelming demand of gloves from our customers during this COVID-19 pandemic.

Topglove abang huat, all glove counter all will huat.
Sold Supermax way way way too early, now Topglove and Kossan left.

Analyst all predict RM200m, if not its not going to be good for Top Glove.
Top Glove boss what you all talk about? Why your target so low, Nah, 347.89m!

Hope can continue momentum for 2 days to 1.3 or 1.4 pre-covid level.

Since no more EPF selling large amount of stock, got chance for Kossan to push to new high.
9.50 - 10 should be achievable in this month.

Any anticipated announcement, so big movement.

B10 The Board does not recommend any dividend for the current period (previous year corresponding period ended 31 March 2019 : N/A).

haha..

I holding small amount of warrant since dont know how long after averaging 2 times.
I dont have big wishes, just earn back my capital.

haha.. bet on bjland but bjcorp that suspend.

But at least you can have peace of mind wont be dropping like crazy as PE is relatively low still.
One or 2 article from IB / Edge can push it up.

Relax, when you nvr expect will shoot up.
Kossan got industry division business not so good in MCO, i guess

Kossan will be green today.

Wow, awesome results. Good surprise. I was just reading the annual report after lunch.