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2022-10-06 17:02 | Report Abuse
Harta up 8 sen, SUPER also up 8 sen/10% - you choose which one? Yesterday 70 sen don't want to buy.
MBB got up 10% ? - is a good stock, no doubt.
2022-10-06 16:47 | Report Abuse
Don't contra. Buy according to the affordability, be able to pick up in case...
2022-10-06 16:38 | Report Abuse
Yes, TG RM440MiL, Harta RM2.0BiL.
SUPER is more attractive, RM3BiL
2022-10-06 16:28 | Report Abuse
Say prudently, RM1 a share, coming -
2022-10-06 16:26 | Report Abuse
Their copies of Balance Sheet showing the cash in the banks - Harta, TG, SUPER
2022-10-06 16:08 | Report Abuse
NTA RM1.82 , Bank account got RM3BiL,
Even MYEG is more than 90 sen now
2022-10-06 14:45 | Report Abuse
FY@30JUN2022 The revenue of RM1.696BiL, being doubled when comparing to the earlier FY, but the Cost of sales only increased by 50% - (RM304MiL to RM479MiL)
2022-10-06 10:31 | Report Abuse
No wonder that the IBs, HL gave the TP RM1.50
Don't expect one of the staff, do the buy back like a retailer, should be done by the IB/broker, IBs can start to accumulate/hoarding, with or without the approval from the Company, then selling like a wholesale to the Company. We can be buying earlier than them
2022-10-06 10:12 | Report Abuse
Just now, 1Mil units at 98 sen were taken up quickly.
For the SBB 10% of the issued shares, the Company need to do it 200 times, to achieve that 10% buy back. Imagine.
2022-10-06 09:14 | Report Abuse
SBB scheme should be approved as soon as possible because the price of the shares is appreciating further, owing to the positive market condition and the world price of the crude oil.
2022-10-05 23:41 | Report Abuse
WASHINGTON (Oct 5): US mortgage rates jumped to a 16-year high of 6.75%, marking the seventh-straight weekly increase and spurring the worst slump in home loan applications since the depths of the pandemic.
https://www.theedgemarkets.com/article/us-mortgage-rates-rise-seventh-week-highest-16-years
>The housing/real estate market can collapse when borrowers can not repay the much larger monthly installment.
2022-10-05 23:27 | Report Abuse
If the price of the shares is RM1 per share, the SBB scheme will need RM200MiL, to snap up 200MiL units of share from the open market. Credit bank account RM200Mil & debit Share Capital account. Scrap/shred the snapped up shares.
2022-10-05 23:13 | Report Abuse
1. AR audited by PWC
2. Revenue , RM1.696Bil, doubled from last financial year
3. PAT at RM652Mil @30JUNE2022/ up from RM103Mil @2021
4. EPS 32.5 sen now
5. cash in Bank RM549Mil
6. But C Asset RM1.543BiL / C Liabilities RM1.698BiL
7. Retained earnings RM1.0BiL not reflected by sufficient bank balances.
8. Usually the movements in the Account for "Retained Earnings" are verifiable by vouching double entry of the undistributed Profits/PAT, that the amount being credited to the "Retained Earnings".
9. Trade creditors and trade debtors are about the same.
10. Proposed 1 sen for final Div and SBB 10%, so issued shares will be reduced from 2Bil units to 1.8BiL units.
2022-10-05 15:27 | Report Abuse
Left skin covering the bones...severe injuries inflicted on the bodies
2022-10-05 15:21 | Report Abuse
Those who bought even at 6.5 sen,
Just Now, at 3.5 sen formed active buying, suddenly pouring to you queue at 3 sen, only left 2.5 sen buyers. Then some wanted to sell at 3 sen. Like a cheat in the comedy show
2022-10-05 11:08 | Report Abuse
RM NTA EPS P/E Shares
sys 0.715 0.92 11.82 6.05 1200Mil
Coastal 1.92 2.57 33.82 5.68 400Mil
Harbour 1.08 1.53 36.97 2.92 539Mil
2022-10-05 08:22 | Report Abuse
Th UK prime minister was drilled by the usually unforgiving journalist/news writers.
https://www.youtube.com/watch?v=8jpZSCLIviM
2022-10-04 08:35 | Report Abuse
The global inflation is caused by the ongoing war by Russia and Ukraine. The supply chain for the raw materials and services have been disrupted and many countries are still facing the challenges/consequences from this conflict.
The conventional economic approach for tackling the inflation is by increasing the interest rate from the Central Banks of those affected countries.
The hikes of interest rates in the US banking system has resulted appreciation of the US currency. Similar to the past incidents, the US Dollar has always being the safe asset for the business entities and individuals to mitigate their losses of values as they local currencies have depreciating continuously.
For the US entities, the large volume of repatriation of the USD funds from various parts of the world will eventually have these entering the US stock market as well. As a result, we will see that the US stock market will survive the down fall effect.
As for other bourses in the regions, the sell down will be eventually settled down after a huge losses in terms of the stock indexes and capitalization for many of the counters.
Lastly, the local currencies for many of these countries will have to face the effects of depreciated value as compared to USD especially. The people will have to deal higher cost of living, larger amount of repayment amount for monthly bank loan and depletion of foreign currencies reserve by the respective central banks.
The winner is the US market although their citizens will also have to live with higher cost of living owing to the multiple hikes of interest rate from the Federal Reserve.
2022-10-03 09:58 | Report Abuse
AS at last 30JUNE, 4th QR, it showed RM3 Bil in the banks, NTA RM1.82, Q profit then, Profit after Tax RM32.2 Mil...actually buy even now, value for money.
2022-10-01 14:30 | Report Abuse
Read
https://malaysia.yahoo.com/news/strong-us-dollar-unstoppable-force-153400244.html
In order to defend your own currency, the central bank would sell USD (the reserve) and pick up the depreciating currency which is excessively supplied/circulating in the open market.
The country will end up will lesser Reserve.
The over-supply of the currency could be due to constant/ever increasing of demand for the USD for imports of goods and services. The economy could be hardly able to reduce the selling of the local currency in exchange for the USD which is appreciating for paying those imports.
2022-10-01 13:29 | Report Abuse
Genesis 10
New International Version -
The Table of Nations
10:1 This is the account of Shem, Ham and Japheth, Noah’s sons,
The Japhethites
10:2 The sons of Japheth:
Gomer, Magog, Madai, Javan, Tubal, Meshek and Tiras.
The Hamites (Ham) -
10:6 The sons of Ham:
Cush, Egypt, Put and Canaan.
>> Canaan, the father of Sinites…amongst others.
The Chinese came from Sinites.
10: 15 Canaan was the father of
Sidon his firstborn,[g] and of the Hittites, 16 Jebusites, Amorites, Girgashites, 17 Hivites, Arkites,
Sinites,
The Semites (Shem)
10:21 Sons were also born to Shem, whose older brother was Japheth,
#Japheth is the eldest son, youngest is Shem.
WHY anti-Semitism? The Israelites came from Shem.
Cush, another son of Ham, went to live in Africa. “Cushy” means black. The black people.
Japheth went to the West.
Tubal is the first musician found in the Bible. Magog/Gog, the region of Russia.
2022-09-30 20:04 | Report Abuse
can i buy a franchise for an outlet?
2022-09-30 17:36 | Report Abuse
535Mil units of issued share, not splashed with billions of units
processing and trading of frozen seafood. When the sale outlets are clean and safe, better than the wet market, albeit higher slightly the selling price. Well packed products
2022-09-30 13:23 | Report Abuse
Yes, China do not need to head on with USA.
Productive in the economy, China can live without the US.
The people is not lazy, plenty of lands, agriculture
Problematic, if succumbed to their game
2022-09-30 13:14 | Report Abuse
The Lord Is God -
32 Ask now about the former days, long before your time, from the day God created human beings on the earth; ask from one end of the heavens to the other. Has anything so great as this ever happened, or has anything like it ever been heard of?
33 Has any other people heard the voice of God speaking out of fire, as you have, and lived?
34 Has any god ever tried to take for himself one nation out of another nation, by testings, by signs and wonders, by war, by a mighty hand and an outstretched arm, or by great and awesome deeds, like all the things the Lord your God did for you in Egypt before your very eyes?
35 You were shown these things so that you might know that the Lord is God; besides him there is no other.
39 Acknowledge and take to heart this day that the Lord is God in heaven above and on the earth below. There is no other.
40 Keep his decrees and commands, which I am giving you today, so that it may go well with you and your children after you and that you may live long in the land the Lord your God gives you for all time.
##Here, The Lord spoke and witnessed then by a large group of community, instead of one person claiming encountering with God, one to one basis, start a new religion...your word against his word. There is no other case as such.
2022-09-30 12:53 | Report Abuse
Deuteronomy 4
Idolatry Forbidden
15 You saw no form of any kind the day the Lord spoke to you at Horeb out of the fire. Therefore watch yourselves very carefully, 16 so that you do not become corrupt and make for yourselves an idol, an image of any shape, whether formed like a man or a woman, 17 or like any animal on earth or any bird that flies in the air, 18 or like any creature that moves along the ground or any fish in the waters below. 19 And when you look up to the sky and see the sun, the moon and the stars—all the heavenly array—do not be enticed into bowing down to them and worshiping things the Lord your God has apportioned to all the nations under heaven.
2022-09-30 12:25 | Report Abuse
1. Somehow USD is seen as a safe heaven whether you hate USA or not.
2. many will still demand/depend on USD to escape from the depreciating currencies of other countries.
3. When demanding the USD, your local currencies will be evaporated. The quantity of USD will be placed with the US banks in effect. That will other countries become poor and poorer.
4. That will improve the US economy because the funds are migrated to the US market/soil.
5. Hence, they will have money to handle the debts, probable to reduce anymore printing of money for the time being or for good.
6. In return, the inflation that have been created, will be imported to other countries without much difficulty.
2022-09-30 12:15 | Report Abuse
US could have been planned their way out of their heavily indebted situation some years ago.
The can print money without the support of the gold bar reserve like other countries. It is a very powerful weapon that can be used to disfunction other economies because they are using USD as the currency for the international trading. There are countries such as Turkey and Sri Lanka being tumbled with knees on the floors when their reserve in US dollars are depleting.
What the USA need to do are...
1. got wars that will shake the market/economy/governments...
2. disfunction the supply chain in the economies for some countries
3.
2022-09-30 11:47 | Report Abuse
1. Monetary Policy and 2. Fiscal Policy
In combination, these financial mitigation measures could tame the...counter-productive results.
The country is facing the issue of inflation which is more likely a type of "imported" inflation when we taking the cost of imported raw materials such as oil, energy and foods in consideration.
Unfortunately, so far the best measure to manage the rising rate of inflation is to suppress the demand for consumption by way of increase the cost of spending/borrowing which is the interest rate in the banking system that virtually in the hand of the Central banks.
When the people or a country which have been pinched with lesser purchasing power for months from the continuous rising cost of living, a tax cut measure as implemented will affect the coffer of the country.
2022-09-28 00:51 | Report Abuse
Of course, that was the position almost 2 months ago.
2022-09-28 00:50 | Report Abuse
Work harder. Keep it up.
2022-09-28 00:49 | Report Abuse
C Asset increased by 250Mil, same like C Liabilities.
Holding plenty of inventories.
RM55Mil raised from the shares issued to the public, channeled to the business activities/operation.
Balance in the bank increased and borrowing also increased but at a lesser amount.
A total of more than 500Mil revenue (6 months) and gaining a profit of only RM15Mil is a bit low the percentage.
2022-09-28 00:42 | Report Abuse
>>>In the calculation of net assets per ordinary share is calculated based on the Company’s enlarged number of ordinary shares as at 30 April 2022 of 1,249,904,160 ordinary shares (31 January 2022: 1,249,904,160 shares).
As at today, the issued capital enlarged to 1.61278 Bil units. So the EPS, on accumulative basis, with 2 QRs has been adjusted to 1.86 sen only.
Based on the closing price of 28 sen, the P/E is 15.05 times (1,86 sen X 15.05 = 28 sen).
IF the P/E can be accepted by the industry/market practice, say at 20 times, the price can be traded at 37 sen roughly
2022-09-27 12:14 | Report Abuse
What did they do?
They sent convicts to develop/opening up the newly controlled land...Australia.
For the new World also, convicts/criminals from the jails were sent to defends their newly acquired lands...
Rather than the imprisonment back home, the criminals were given the option to move to the new found land.
From the beginning in those lands, they fought the natives...always want to fight. In their blood.
2022-09-27 11:45 | Report Abuse
They got the land from the natives/Red Indians less than 250 years ago for free.
These Europeans were fighting even among themselves to establish this country known as USA.
Heavy casualty and also a great lost to the natives.
They fought bloodily to keep themselves together and to others they wanted disintegration/destruction.
2022-09-26 23:34 | Report Abuse
One of the weapons to tame a country is by using money. Capitalize on cutting edge of the currency exchange rates advantage, like in the case of USA which got the privilege to print the USD bills, USA can defeat many countries easily by destroying the economy side. As the results of the various reasons geopolitically, the USD has become the favorite among the investors and savers.
https://malaysia.yahoo.com/news/rampant-dollar-threatens-to-break-chinas-tight-grip-on-the-yuan-210057828.html
China can last long because of the unusually large reserve in USD in their possession. They can defend better as compare to many other countries.
2022-09-26 18:54 | Report Abuse
Yes, you are right. A human race with 5,000 years record of civilization comparing to another...no doubt.
The calendar year from the time of Adam and Eve, is 5783 instead of 2022.
2022-09-26 18:19 | Report Abuse
Tobby, if it is a fairy tale, take comfort that you are almost reaching the truth.
When a country has a large population like China, there is plenty of advantages such as human talents. Many building the war machines and many human resources are being used to cultivate the land to feed the rest. Is a good economy. Once, Malaysia aimed to have higher population like 70Mil because that will bring larger volume in the demand of consumption of goods/services. So, China got the economy of scale in developing the country into a more advance country. It is a stronger country in many aspects when comparing to others.
When a country with much fewer people, how to defend their country from the enemies? How long they can withstand the onslaught from their aggressive neighbors?
How the war (6 day war for the example) can be won is an unbelievable one. Few neighbours grouped together and attacking one small country. No need to fight. All of them, Just walk at one go, all enter that small country and can take the victory, occupying that small piece of lands and take over. But, God is amusing and humorous, always confusing/ (not united) them and give victory and safety for His people.
Once, Ghadaffi said that there is no necessity to fight the America. Just go in and start giving birth constantly. That will take over USA.
France, Germany and Barcelona are taken over.
The argument there is between the cousins, the children of Jacob and the children of Ismail. Ever since and will last until...
2022-09-26 15:50 | Report Abuse
Holding and not selling.
2022-09-26 15:49 | Report Abuse
I had better wait for the 2nd QR that is due on this coming Friday. Just wait for another few more days.
2022-09-26 15:30 | Report Abuse
BUT the Lord will give hope to those who repented, giving Light to those in the Darkness, if they consult the instructions from God instead of the mediums. So, He sent The Counselor/Prince of Peace, as prophesied by Prophet Isaiah , to restore His people.
Outsiders were used, same thing, Cyrus was used to rebuild the community. God stirred the heart of Cyrus instead of making him crazy like Putin.
2022-09-26 15:21 | Report Abuse
The Assyrians were very cruel also.
But God the Lord, used them to discipline His people. So the Babylonians destroyed their communities, Temple, captured and banished as slaves, to the Empire controlled by Nebuchadnezzar, for their disobedience. The consequences for their wickedness were warned by Prophet Isaiah, about 700 years before the arrival of Jesus Christ.
Even Moses, at the much earlier time, had cautioned the people...in Deuteronomy 31.
26 “Take this Book of the Law and place it beside the ark of the covenant of the Lord your God. There it will remain as a witness against you. 27 For I know how rebellious and stiff-necked you are. If you have been rebellious against the Lord while I am still alive and with you, how much more will you rebel after I die!
THE dictators are used as His instruments, wherever necessary, to punish the wrong doers even in modern time.
But the those evil powers will be wiped also when the time is up. Take a look at The Greek/Olympic, the Babylonians, Roman Empire, Portuguese Alfonso/Macau/Malacca/Eeast Timor, Spanish Armada, Byzantine, Ottomani...all vanished.
PSALM 94 -
23 He will repay them for their sins
and destroy them for their wickedness;
the Lord our God will destroy them.
Same, China may not be under Communist ideology for another 100 years.
The timing and happening are under the control of God. To many, the God in the Bible, from Heaven He is watching every human.
2022-09-26 13:58 | Report Abuse
God made Putin crazy so Ukraine got attacked.
Nothing can happened without the approval of God.
Just like God made Hitler became a crazy man.
Ukraine killed more than a million of Zalensky's relatives from the WW2. Is a pay back time so Israel is not helping Ukraine even from the beginning of the conflict.
https://malaysia.yahoo.com/news/zelenskiy-says-shocked-israels-failure-222655074.html
Israel knew so their confrontation with the militants that are pro Iran operating in Syria will get little notice from Putin.
IF Putin is forced and decided to launch nuclear bombs, to Ukraine firstly, likely he will do also for the Europeans...America. North Korea will do for Japan and South Korea. China eventually will have to capture Taiwan then. So, there is no better reason for China to capture Taiwan.
SO, only until, China will not be made deemed necessary for another country to attack China.
2022-09-24 21:30 | Report Abuse
However, Saul has his share of rewards from the Lord.
500 years later, from his descendant, came Mordecai and Esther. Esther, from the Book of Esther, rescued her community from being wiped out by Haman (like today's Nazi).
1000 years for us is like 1 day for the Lord.
( 2 Peter 3:8 - But do not forget this one thing, dear friends: With the Lord a day is like a thousand years, and a thousand years are like a day.)
If the rewards or penalties came instantly from the Lord, who will dare to tell lies?
The instant punishment would be the violator have become muted.
Where will be the Test in our life?
After Making a big donation/tzedakah today, the cancer is gone. Instant reward from the Lord.
So, the Lord took about 70 years, after 70 years to repay the Ukrainians by using Putin to fulfill the judgement.
Ideally, Putin did not have to fight for the few cities when Russia is so rich and powerful.
BUT, the Lord has his divine calculation and using Putin as His vessel to repay the Ukrainians.
2022-09-24 11:38 | Report Abuse
1. King Saul is from the family/tribe of Benjamin. Prophet Samuel anointed Saul as the King.
1 Samuel 9:15 Now the day before Saul came, the Lord had revealed this to Samuel: 16 “About this time tomorrow I will send you a man from the land of Benjamin. Anoint him ruler over my people Israel; he will deliver them from the hand of the Philistines. I have looked on my people, for their cry has reached me.”
2. David from the family/tribe of Judah. From his descendant that the Messiah will come.
David replaced Saul as the king after the events.
David was pursued by Saul. David only cut off a corner of his robe and did not kill Saul.
1 Samuel 24:
10 This day you have seen with your own eyes how the Lord delivered you into my hands in the cave. Some urged me to kill you, but I spared you; I said, ‘I will not lay my hand on my lord, because he is the Lord’s anointed.’ 11 See, my father, look at this piece of your robe in my hand! I cut off the corner of your robe but did not kill you. See that there is nothing in my hand to indicate that I am guilty of wrongdoing or rebellion. I have not wronged you, but you are hunting me down to take my life. 12 May the Lord judge between you and me. And may the Lord avenge the wrongs you have done to me, but my hand will not touch you. 13 As the old saying goes, ‘From evildoers come evil deeds,’ so my hand will not touch you.
14 “Against whom has the king of Israel come out? Who are you pursuing? A dead dog? A flea? 15 May the Lord be our judge and decide between us. May he consider my cause and uphold it; may he vindicate me by delivering me from your hand.”
16 When David finished saying this, Saul asked, “Is that your voice, David my son?” And he wept aloud. 17 “You are more righteous than I,” he said. “You have treated me well, but I have treated you badly. 18 You have just now told me about the good you did to me; the Lord delivered me into your hands, but you did not kill me. 19 When a man finds his enemy, does he let him get away unharmed? May the Lord reward you well for the way you treated me today. 20 I know that you will surely be king and that the kingdom of Israel will be established in your hands. 21 Now swear to me by the Lord that you will not kill off my descendants or wipe out my name from my father’s family.”
22 So David gave his oath to Saul. Then Saul returned home, but David and his men went up to the stronghold.
David has an opportunity to kill Saul but he did not.
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
2022-10-07 09:01 | Report Abuse
RM1 coming