There are 4 EPF external FM in this counter...only (3) selling

(1) Account for Employees Provident Fund Board - 11,512,712
(2) Account for Employees Provident FD BD (AMUNDI) - 16,816,800
(3) Account for Employees Provident FD BD (CIMB PRI) - 6,540,924
(4) Account for Employees Provident FD BD (ABERISLAMIC) IC - 6,038,600
(5) Account for Employees Provident FD BD (CPIAM EQ) IC - 900,052

Now you can see where the large sell volume came from at the lower prices...EPF

DRB sold Lotus to SM for 100M GBP in 2017

SM now listing Lotus for 5-6B GBP hahahaha

ESOS only 52M left at 0.023.Peanuts

Only 47.4M MQ PP left. Congrats to a successful long and paniful PP. Now cash rich go do something

166,666,667 x USD 0.201 = MYR 140,415,250.00

MZM2511 Verde Resources, Inc. (VRDR)
Other OTC - Other OTC Delayed Price. Currency in USD

0.2010+0.0410 (+25.63%)
At close: 03:39PM EST
19/01/2022 6:14 AM

Share price and liquidity is terrible...but if we look across Bursa this is still a rather solid company. Should dividends resume this year we will be ok...

Park and wait la...round 1 burnt. round 2 recoup burnt, or get burnt again

amateurJR uncle dun get burn enuf
03/01/2022 11:24 AM

Verde Resources OTC now US$0.16...

Bornoil has 166,666,667 shares...

That's worth 111.5M ringgit lol

This counter cute hor

Valgrovest thanks for the update so nice to have credible news in this forum

It's not a suspicious transaction lol

That announcement simply means Ambrose is now a director/ shareholder of Victoria Cap and therefore has to now declare an indirect interest via the Bornoil shares held by Vic Cap

The average price of 8.8 sen represents Vic Cap's acquisition cost. Yes 2.5 sen is really cheap.

Remember the video where tan sri blank face say next week can exceed maybank market cap..

No good. Worrying. Fighting piracy without political will is an uphill battle

EPF woke up. Ok I rejoin party

Higher cement price in Sabah due to surge in freight charges, cost of clinker

State has seen twofold increase in cargo rate in last couple of months

Published on 09 Dec 2021 7:00AM ·

KOTA KINABALU – Higher freight charges and cost of clinker have contributed to increased cement prices in Sabah, the state assembly was told yesterday.

Local Government and Housing Minister Datuk Seri Masidi Manjun said that freight charges to Sabah have gone up nearly twofold the last couple of months, and that the state does not control the prices of clinker as it is traded in the international market.

“The price of clinker is only produced in Peninsular Malaysia and all transactions are done in US dollars.

“This means if our ringgit falls, the cost will be much higher,” said Masidi during his ministerial winding-up speech, here yesterday.

Masidi said this in response to several side questions posed by Sabah opposition leader Datuk Seri Mohd Shafie Apdal (Senallang-Warisan) who had asked about the measures taken by the state government to mitigate cement prices and the surging prices of houses.

To deal with the problem, Masidi said Cement Industries (Sabah) has proposed to set up a one-stop buying centre at its factory to ensure developers and others could buy cement at factory prices.

“I believe the prices of cement in Kota Kinabalu when transported to other areas in Sabah have gone up by around RM3.

“In the previous cabinet meeting, I proposed a retail buying centre so buyers can buy at factory prices,” he said.

Masidi said there’s a need to cut the cost of middlemen, which had contributed to the higher cost of such materials, as well as cutting the cost of building affordable homes.

The Karanaan assemblyman has noted that house prices near the city centre are so expensive, some priced much higher than homes in Kuala Lumpur.

He said when he took over as the housing minister, he had found that the state housing agency, LPPB, does not have much land bank to build affordable homes.

“We have to look for more land for LPPB. I may have found one place. Just probably, the land prices are still reasonable. I'm referring to the land on the old Papar road, which is also along the new Pan Borneo highway,” said Masidi.

Masidi said if the state would be able to acquire the land at a good price along the old Papar road, it could build affordable homes.

He said although Papar is quite a distance from the city, driving time would be shortened and improved once the Pan Borneo Highway is completed.

“This is what I believe. We have to buy land outside of the city centre, but with better road connectivity, the drive from home to work for many workers would be easy,” he said.

Since July 2020 Bornoil raised $90M from these endless PPs ESOS etc...

30/09 report shows only about $27M cash in hand...

Over this period they didn't make a loss (if any, it's negligible)...

Where is the money. Lazy to dig lol ok maybe when have time

This is more like it la MQ. Don't be like before 1 or 2 weeks only do 5M shares...embarassing. Just finish it. We wait till neck long.

UEM Edgenta’s MD/CEO recognised as outstanding leader at Malaysia Management Excellence Awards

UEM Edgenta’s Managing Director/Chief Executive Officer Syahrunizam Samsudin, a business professional with more than 24 years in the digital financial services and corporate sectors, has been named Executive of the Year (Engineering) in the Malaysia Management Excellence Awards 2021, organised by Singapore Business Review.

With his proven leadership in engineering and technology, Syahrunizam has been instrumental in steering the Company’s digital healthcare solutions to support the nation’s fight against the Covid-19 pandemic.

The inaugural awards programme aims to honour and recognise outstanding business leaders, individuals and teams who have made exceptional contributions towards their companies’ success.

Under Syahrunizam’s stewardship, he laid the foundation for UEM Edgenta to become a technology-enabled solutions company focusing on healthcare support, infrastructure and technology by 2025, under its Edgenta of the Future 2025 (EoTF 2025) vision.

“We believe that technology-led business transformation is vital for companies to remain competitive in a post COVID-19 economy, and we are therefore in the best position to help bridge the gap in technology adoption among businesses,” Syahrunizam said.

Since the start of the pandemic, UEM Edgenta played a crucial role in supporting the national recovery efforts by introducing various key frontline healthcare initiatives such as the Private COVID-19 Assessment Centre, housed at its training facility, UEM Edgenta Learning Centre, which was subsequently transformed into a Vaccination Centre for adolescents and booster shots.

UEM Edgenta also collaborated with the Ministry of Health Malaysia in deploying Field Hybrid ICUs, an alternative solution to ICUs which are in high demand at government hospitals during the pandemic. It is a combination of an Intensive Care Unit (ICU) and an isolation room, equipped with electricity, bathrooms, toilets, a donning room, nurse station, air conditioning and ventilation systems. To date, 12 units have been installed in hospitals nationwide.

As a strong advocate in digital innovation, Syahrunizam has also steered the company’s business diversification and digitalisation by introducing Edgenta NXT, UEM Edgenta’s first cloud-based ecosystem, and QuickMed, a cloud-based digital healthcare solution. These solutions will accelerate Edgenta’s long-term growth as the company transitions its offerings towards innovative, scalable and differentiated business model aimed at catalysing future innovations in the business niches it operates in.

Under Syahrunizam’s leadership, UEM Edgenta registered a revenue of RM1.6 billion for the first nine months of FY2021, an increase of 11.2% against the same period in FY2020 at RM1.4 billion. He also helped the Company secure key healthcare support services contract wins in Malaysia, Singapore, Taiwan and Saudi Arabia.

As a leader who places strong emphasis on human capital development, Syahrunizam has also been influential in shaping Edgenta’s people culture and beliefs. This led to the introduction of a revitalised set of core values that represent a holistic and inclusive identity for its people, thus enabling them to face challenges as an innovative and sustainable organisation.

These significant endeavours have undoubtedly elevated the company to its next phase of growth. UEM Edgenta is poised to provide cutting edge and enhanced solutions and services in a sustainable manner primarily to create better value propositions and efficiencies for clients and stakeholders, not just in Malaysia but in new frontiers as well.

That could only mean 1 of 2 things...

That the CEO and management are now satisfied and happy selling digital dreams regardless of growth and profit....and therefore we can all sleep and the share price die

Or that the share price is indeed lagging behind the explosive growth to happen under their Edgenta of the Future vision lol

EPF movement is cute

Respect the market don't chase low...admit mistake lol

90% 时间在等买对价位

Perodua record sales. Proton otw

Go back to 30 better than everyday 35-36 yawn

This became my refuge stock to sell to buy others when market falls lol

Possibly better than that...EPF doesnt buy/ sell on privatisation news. If they are buying they see value at this price which could be better than a privatisation

Wrong timing sitting on paper losses with popcorn lol wait for garbage to turn to gold ya

Sooooooooooooo illiquid...the thing with a good company that is government owned is controlling stakeholders really arent bothered with the share price eh

Consolidation after MQ done...then we can trade at 26-29 cents lol

Serba’s IT arm is one step closer to becoming a non-bank e-money issuer

BANK Negara Malaysia has in principle given a green light to the proposal by Serba Dinamik IT Solutions Sdn Bhd’s (SDIT), the information technology arm of Serba Dinamik Holdings Bhd, to expand its e-money usage beyond parking.

For the record, SDIT has pioneered the Qwik Pay parking solution which is deemed the latest ticketless and cashless payment system in town.

An app that utilises QR (Quick Response) codes to replace cash, Qwik Pay is itself an e-wallet platform that focuses primarily on payment for parking. However, users may also use Qwik Pay to make payments for shopping, dining and other amenities.

Additionally, Qwik Pay is integrated with major banks and various e-money vendors in order to provide ease of use to our ever growing database. Aside from being a smart parking solution system, Qwik Pay also possesses several other features such as e-wallet service.

In a response to SDIT’s application to expand Qwik Pay into the realm of retail merchants and cash top-up, BNM said it has no qualm that users can make payment for retail purchasers, including at Perbadanan Perwira Niaga Malaysia (PERNAMA) and the Selangor Tithe Board.

Currently, more than 100 PERNAMA marts are using Qwik Pay solution by the label PNPAY. Moving forward, an estimated 500 to 1,000 restaurants aligned to PERNAMA will also be relying on similar Qwik Pay solution by end-2022

Delving more into Qwik Pay, BNM noted that SDIT is also free to offer cash top-up but subject to the following terms and conditions:

Meanwhile, Serba Dinamik’s head honcho Datuk Dr Mohd Abdul Karim Abdullah has hailed the latest response from the central bank as “not only enabling Serba Dinamik to be at par with other existing e-pay players but to capitalise on a potentially profitable revenue stream”.

“Currently SDIT is working closely with state government namely Malacca, Pahang and Perlis,” he told FocusM. “SDIT shall ensure compliance with the requirements imposed previously by BNM as well as any relevant requirements or standards issued by the central bank.”

Above all else, the central bank also insisted that all e-wallet operators in Malaysia must establish adequate governance and operational arrangements by including measures to ensure safety, security and operational reliability of the e-money, including contingency arrangements.

For example, BNM stipulated that e-wallet funds stored must be placed in a trust account (ie M Trustee Bhd) that can only be used for two purposes: (i) refunds to users and (ii) payment to merchants. – Nov 2, 2021

Need to wait very patiently for the right entry...good but illiquid stock doesnt come cheap sighz

That's why one should have bought CIMB shares the moment Tengku Zafrul was removed as CEO

Another interesting point for u guys to note...

From 1/10/20 to 30/9/21 which is cut-off date as per annual report, there's an increase of approx. 1.25B shares.

This comes from
MQ 977M shares
Plus PP & ESOS 623.605M shares
Total shares increased by approx. 1.6B shares
Less SBB 348.24M shares
Net total shares increaesd by approx. 1.25B shares

That's a lot of shares and some of us here have checked and found that no, MQ is not holding them directly. No new significant shareholders in Top 30. In fact as Justin has pointed out there are only 3-4 new names holding 70M shares or so.

However if u look at shareholders count, the increase is from 23199 to 23239 only in the same period. This means only an increase of 40 shareholders.

So let me tell u this...Bornoil shareholding is not as scattered as it seems...MQ's stake went to a bunch of nominees each holding maybe just less than 20M shares to go below Top30 radar...this means it will be easier than it seems to goreng this up when the right time comes...

This is a very long game in the making...the first round the incredibly priced ESOS went to a very large number of nominees...this is round 2 going to larger nominees...it smells the same as those penny stocks which just exploded one day out of the blue.

@justin yea very encouraging.

Limestone plant still not completed - should boost earnings next year on completion

Looks like Bornoil is strongly tied to Pan Borneo too. This could be the 1 catalyst ahead of the others. If the Govt could just push this project for election base there's $ for many to make including Bornoil

If gold moves up further then whether or not Bornoil has dug up its gold is immaterial as we have seen before...the share moves ahead of real gold coming out lol

Chili is a long shot but a big one if it works. Maybe Joseph deserves his 75k a month ministerial level pay...

@pineapple Annual Report 2021

Joseph Ambrose is paid 75k a month while Raymond Teo is paid 5k a month only lol

Many other good stocks in reopening...don't be stubborn supporters

KPJ Healthcare: as long as 1.06 is support look for 1.3
26 Oct 2021

Alternative scenario: the downside breakout of 1.06 would call for 0.99 and 0.95.

Our pivot point stands at 1.06.

Our preference: as long as 1.06 is support look for 1.3.

Alternative scenario: below 1.06, expect 0.99 and 0.95.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 1.139 and 1.0986).

Supports and resistances:

1.26

1.09

In 2019, the Hong Leong Group teamed up with US private equity firm, TPG Capital, to acquire Columbia Asia’s South-East Asian operations (inclusive of 17 hospitals and one clinic) for a total consideration of RM5bil

This marked Hong Leong Group’s first foray into the healthcare space, adding that the deal was believed to be valued at an enterprise value/earnings before interest, tax, depreciation and amortisation (EV/Ebitda) multiple of 20-24 times.

More recently, Sunway Bhd had in June this year divested a 16% stake (on a fully-diluted basis) in its healthcare unit to Singapore’s sovereign wealth fund, GIC Private Ltd, for RM750mil.

The deal implies an EV/Ebitda multiple of 31 times, a significant premium of 64% and 125% to IHH Healthcare Bhd and KPJ Healthcare Bhd’s EV/Ebitda valuation 19.1 times and 13.9 times, respectively, at the time of announcement.

Good choice goodluck

Delay is for accumulation. It's a no loss situation for them knowing they will offer so just buy whatever they can on market now by manipulating the seller and buyer queues and moving it around this range. Yawnz

Delay was not for ESOS since they can exercise anytime even after offer

Time to reenter...one of those counters which can surprise to the upside big time. It's a cheap construction pure play. It's bumi owned. It's good in East M & Pan Borneo. It's friendly and partners w Suria Cap in Pan Borneo tender. Finally it's small and easier to move than the likes of YTL

Doesn't matter...just wait for vape legislation.

Highly illiquid...doesn't need a lot of money to move up. 2.30 is low, they'll revise again once it exceeds TP lol

In Wahid we trust do something Bursa

@acedon precisely…what the suspension did was only to block Karim from buying more shares. He already sold off all his warrants to much hoohaa. He was in fact in the process of buying and then counter suspended. Half-day session bought 1M shares is reasonable especially given the movement on Friday. He could well be waiting to buy up another 9M shares before closing.

So Bursa suspend to stop Karim buying is it? You’re not stopping anyone selling

Bursa’s language adds to the confusion. As of 30/9 informed INEDs on 21/10.

Usually as of simply means a cut-off date. Somehow many, including the Edge reports that the INEDs were informed on 30/9. But is that what Bursa meant? If yes that’s very poor language

And then as of 30/9? Since when the SIR is intended to cover up to 30/9? Its objective is to address issues raised by KPMG ONLY

我也很鬱悶有幾個還真得空日夜不停的炸

So Bursa are you in the know of information withheld? If yes how can you refrain from releasing it to the public? If not how did you suspend Serbak?