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2021-01-26 17:57 | Report Abuse
The Securities Commission should investigate this. Hartalega just reported a tripling of quarterly net earnings from 600mil to 1.7 billion and it drops.
The Malaysian Capital market is not for foreign investors to make it their playground . As another investor has pointed out Intco has a higher valuation than the leading Global Malaysian Glove Co Top Glove.
The SC should investigate whether big foreign fund managers who have USD trillions in asset mgt and would regard the Malaysian capital market as a tiny garden to be reaped whenever they feel like it, owns huge blocks of Malaysian glove companies which they bought maybe a year ago. AND they issued call warrants on these block of shares and they actually sold this call wrts to our local banks to hide their tracks. i think recently in the US news a bank was fined USD900 mil kah...they just pay. I urge the SC to investigate the link if any between foreign asset mgr,foreign investment advisor and aggressive foreign broker wrt issuer ...and should there be any pattern of manipulation , are they working in concert ...i mean they could even make a phone call to the South China Morning post to put out a piece just before Hartalega results are annnounced. If u notice there will be a negative news report everytime BEFORE a glove co results are announced, the timing too true to be random, its all planned and thus I urge the SC to ensure that the open market of the KLSE is not kena “pijak” by some foreign influence.
If it were not for this blatant suppression of Malaysia’s leading rubber glove global sector , the glove companies, the KLSE Composite Index would be 30% higher from this level... Malaysia Index could be 2000 and be the best performing index in South East Asia
All Malaysian investor benefits !
To ensure the rationality , openess and transparency of the Malaysian capital markets please Securities Commission of Malaysia ....INVESTIGATE ....
From a US movie Wolf of Wall Street ...which actually would show you their motive and plan and objective
“ SHOW ME THE MONEY BOY” and it will lead you to the Plan
2020-05-27 20:16 | Report Abuse
talam transform to “ma-lat “
2020-05-27 20:13 | Report Abuse
tan sri n management should sell out lah...they fail as mgrs of a public listed co. They should go pray more and let someone else run it
2020-05-21 07:50 | Report Abuse
well talam mgt has failed its shareholders. five years and the stock is still sinking. mgt should run a church committee instead and not be in a commercial world.
2018-03-03 02:20 | Report Abuse
SELL maxis
In 2016 Annual report there is no sign of a significant shareholder advance amounting to RM 13 billion
With Maxis shareholders fund being RM 4.7 billion only, was there an AGM called and resolutuon approved to advance RM 13 billion to AIRCEL ?
2021-02-18 12:51 | Report Abuse
WHEN STOCKS GO UP, then players get 10year jail for stock manipulation, ramping up , insider trading etc THE AUTHORITIES AND LAW punishes severely BUt its okay if someone manipulates it downwards by driving fear into investors ! Because they have never seen it before ...a 200million shares shortie GORILLA playing in bursa pond !