Never moves

In short "reversal of previous impairenent losses can be recognised in assets that are allowed under the measurement scope of IFRS"

Johnzhang :the possibility is there. " if the impaired asset regain its value. the gain is now recorded in the income statement against the original impairment loss and any excess is then credited as revaluation surplus

Every dogs have its day. Rotation play coming

Really bad for this counter { GP} slide from their original telco & It operations into this mess. They disposed off their Mobile operations, then invested in G3 global telling us { the minorities} G3 is their future growth. Now they sell off their stake to CCP { own CEO}. Don't even talk about Silterra and AliBaba JV, Hi tech technology park all come to nought. Now they wants a rights proposal and fund raising to fund their Kiple, money lending, trading, property investment { acquired from CCP}

Bplant has acquired big tracts of planted acreage 3 years back when they bought over Duta land estates together with the oil mill. After 3 years of rehabilitation the estate yoeld should be higher { they acquired the land when CPO was in its doldrums}

DNex slow moving don't expect to jump like Ctos

Serba, Kpower, Scib - Serba the key player will spearhead the 3 related counters

EPF core banking lies with their subsidiary RHB banking group. They hold substantial stakes in other commercial banks

Keyasic drop from 20sen to current 12 sen. price already drop 40%-45%

Major shareholder{s} started their shares buy back

Foxconn wants at least 10% of the voting rights. 5% is just their starting point

Market sentiment all screw up by politics and the prolong lockdown

Bad coverage on CCP & GP failed promises { Edge } and continuous losses for the past 4-5*years

Deloitte paid MYR 336 million to MOF { Malaysian Government} as settlement for their fiduciary duty in the IMDB & SRC audit trial. KMPG now sue by Serba for consequence losses and by MOF

Should read as USD 5.64billion KMPG sue by Malaysian governmwnt

Without prejudice. Our MOF and Malaysian government sue KMPG and its partners for USD 5.64 Million for negligence and breach of contract in the 1MDB audit. Both MBSB and Petron drop KMPG as their external auditor not forgetting GE{USA} did the same

From flattening the curve. This lockdown is a total failure

From flattening the curve. This lockdown is a fotal failure

If taking private and to reduce their debts { obviously Bstead needs to dispose off their core holdings} in BPlant, Affin banking or BHIC. buyer need Bank Negara approval { banking} and only 15% of the shares. BHIC obviously not many suitors. At this point BPlant is the most viable and attractive assets

A technical rebound unless price can move higher and sustain > 50

Syed Mokthar was a keen buyer for FGV but Felda was not agreeable to his offer. His financing structure already in place. BPLANT is a smaller plate vs FGV valuations. Why not?

Syed Mokthar may be interested. His portfolio is big on infrastructure, ports, sugar and commodities. He is following the footstep of RK

O & G also relies on Petronas capex and political plays

Oil down sharply yesterday

Umno political stand confusing. President {zahid} withdrew support from PN coalition led { PM } but all umno minister staying mum. Divided factions playing right in the hands of PM. Divided I stand

The big 4 glove producers profit margin may be reduced post pandemic. What is worrying is the competition coming from the new glove factories from China. This smaller firms will slash prices to gain market share

Newly appointed ind directors are heavy weight. One more hurdle clear for SD

From bad to worse. CCP is selling G3global shares at 15 sen to his own Co. any upside on G3 global goes to his own pocket. Previously GP acquires his own property firm { rental, property agency} a related party transaction. Now going into money lending business venture { you can guess lending to whom} lost focus on GP

Karim needs to declared a higher final dividend { good rate } as a confidence booster

Expect him { Karim} to pay the final dividend no less than the 4th interim qtr pay out.

EA loss making and not a specialised innovator. Why vivo? Buying into this counter

Negligence or unprofessional work if proven by Shafie. KMPG better
pack up. This year alone MBSB and Petron already replaced KMPG as their external auditor { replaced by PwC } not forgetting GE drop KMPG as the ins auditor

Tough going for GP { CCP} for the digital bank. Rumor around 45 to 50 applicants viaing for the
limited 5 digital bank slot. Big names like RHB-Axiata, Bank Kerjasama, MIDF, HLB are the notable names. Hail riding group Grab, E wallet Touch & Go, Boost are all in too. Listed big corporations eg Sunway, Genting, YTL, Petronas are all eyeing a stalk. Not forgetting local system software providers ManagedPay, Myeg etc. And in addition, the 4 or 5 Singapore digital bank licence holders are in the race too. Other local commercial banks are playing close to their chest on the licence

Trilogy kpower, scib and serba

Today market sentiment. Most counters lower. Extension of phase 1 { MCO 3.0} worrying with no end date

Aimflex is a niche player in the sampling and control testing of automation for specific requirements. Not widespread applications

Majority bet on Bstead but but... BPlant is the other viable and practical option

RSS killing the counters. BURSA should not allowed short sellers

Afternoon announcement serba

Latest qtr result showed net plantation loss of 11+million plus vs previous qtr profit unbelievable.???with record high CPO prices

Holding firm at 18 sen despite yesterday bad sentiment

Sentiment real bad yesterday. Hopefully today things will be better. all positive & green

Blood bath yesterday

The updated & revised list published is the stock counters "permitted under short selling" under Bursa. Rubbrex is part of the numerous counters. Funds are making a killing every day targeting the gloves

Agreed with the views. Once BPlant privatise. Land sales can be conducted discreetly without going thru all the formalities. Cash easily raised thru valuable land tracts. Bplant land banks all fully paid and at prime localities

Believed funds targeting gloves counter. Everyday open lower

Funds short selling supermax shares. Everyday opening lower

Dato 0ng {Rubbrex} disposing and reducing his share holdings continously. This in addition to zero dividend savings for minorities despite big profit earnings. What is puzzling the company have high reserves { still asked for PP funds} doesn't add up

Sell down yesterday. 1 day up next 3 trading days down