Needs to break 0.68, to break the 200MA and this will set it for 0.71 mission. Wheat supplies stablising

Why PN will implement GST before elections - so that if PH comes back, they can try and remove and then lose again. Or better, frighten voters that PH may remove GST again if reelected. Hence, win-win.

As for wheat, India can keep all it wants or needs. China is now the world's largest supplier and I think shortly, India can never hope to catch up even. So MFlour will still be hedged - purchases are made with long term planning of a hedge. That is why the consistant profitability

CGS-CIMB has "add" calls for GenM, MR DIY and RHB Bank with target prices of RM3.40, RM4, and RM7.70 respectively.

https://www.theedgemarkets.com/article/cgscimb-raises-yearend-klci-target-1647-points-names-genm-mr-diy-and-rhb-bank-top-picks

EPF needs money for the RM10k withdrawals.. if it could, it would sell

This is an earlier story carried by the Edge. Read for context. https://www.theedgemarkets.com/article/gentings-rd-affiliate-taurx-could-launch-alzheimers-drug-2023-if-trials-succeed

Bullish sentiments could be related to this news. Genting Berhad's 20% owned TauRx's success in Alzheimer drug submission

https://www.globenewswire.com/news-release/2022/05/31/2453751/0/en/Dundee-Corporation-Portfolio-Holding-TauRx-Pharmaceuticals-Ltd-Announces-Move-Toward-Regulatory-Submission-Following-Initial-Data-From-LUCIDITY-Trial.html

Definitely under-valued as stockbroking houses say. Look at the Net Profit, considering that the nation is just coming out of lockdown and price volatility of wheat over the past few months

@drkelvin20 last Quarter is based on result Jan-March////whereas our full Opening started in 1 APril...so...next Q should be more promising right?

This coming quarter will have less spending liabilities, and with full crowd recorded at both theme parks, hotels and casino (24hours), yes, it should be upbeat. In fact RHB just revised target to buy - 3.58.

@munah
Not sure what contributory factors - possibly a good dividend now that the windfall tax has been settled? Who knows. Buying momentum is strong - Might even close at 3.11 as a surprise

Only GENM showed potential, technically. Buy signals are strong.

Strong buy signal for 1H at 4pm yesterday. Perhaps the momentum will reveal itself today. Let's watch and learn.

How much is GenM average dividend?

Congrats guys, as spotted earlier. Tomorrow will be the true test of its resilience. Results in May should not be the yardstick if you look at past history. Look at Genting's two prong approach: the casino (which operates 24 hours) and the theme park, right into the night. At current price, it is a no-brainer as borders continue to open. Fundamentally, it is ready to reach greater heights - even RM3.30 in coming weeks. But let's see

This too - https://www.marketsandmarkets.com/Market-Reports/automated-test-equipment-market-237275050.html?gclid=Cj0KCQjw-daUBhCIARIsALbkjSYn2W_gCTTBphYNhsQ3UalLoR8ZjJkjm5yujeEYXJ5LfxXLAs1f1CYaAgqREALw_wcB

Old story but relevance is there

https://www.theedgemarkets.com/article/cover-story-rise-test-equipment-giants-amid-tech-boom

May dip below 0.60. Wiser to wait below, 0.57, 0.59.

@kaitan trend is negative. This will touch 2.80 before it goes up again.

What trend are you using? Buy signal started this morning 10am. If it breaks 2.98 this evening, uptrend resumes. Market has digested the earnings past three days. Now ready to move up

Cursed counter still stuck in mud.

Buy signal, folks. Uptrend just begun.

All May quarters over the past years are in the red. YoY this time shows great improvement. Gains will reflect in next quarters. If you visit Genting, you will see that not all go there to gamble - the theme parks are full, hotels are full as well. And try getting a restaurant seat around dinner time and you will gauge how big the crowd has returned over the past five weeks. So, say what you want, all May quarters drops are normal.

FoxConn + Dnex venture will help Aemulus as well.

"IMPORTS
In 2020, Malaysia imported $333M in Wheat, becoming the 38th largest importer of Wheat in the world. At the same year, Wheat was the 109th most imported product in Malaysia. Malaysia imports Wheat primarily from: Australia ($118M), United States ($74.3M), Ukraine ($72.3M), Canada ($38.4M), and Argentina ($14M).

The fastest growing import markets in Wheat for Malaysia between 2019 and 2020 were Ukraine ($29M), Argentina ($3.94M), and India ($1.34M)."

Since Ukraine is out, and soon India, you just see how much prices will go up as well

Game over 2.5sen coming

https://themalaysianreserve.com/2021/08/02/aemulus-to-gain-from-cmos-image-services-growth/
It is already positioned in China with its JV partner.

Look into its orderbook.

Useless stock. First they increase stock base. Then let market devalue it. Later, consolidation. Back to old prices. Give take 10 years. By which time the board can retire with steady stream of income over the years.

Can MFlour break 0.685 today?

Settling at 0.665 at close will be good at midweek. If it breaks 0.685, it will be on firmer ground

No show again. Bad charts. May even break new bottom

Dont waste time on this. Its play almost similar to all pennystocks.

Gameover chaps. 0.075!

Who are they trying to kid? Purchase of Bombardier for cargo services.

Cargo space specs:

Specifications
Category: Large Jet
Cabin Volume: 1035 cubic feet
Baggage Volume: 115 cubic feet
Max Speed: 528 mph
Range: 3784 miles
Fuel Burn: 329 gph


And read what it says of estimated operating budget:

https://www.libertyjet.com/jet-ownership-costs.aspx?jetType=CL-601-3A

Not strong yet - small volume. demand for aluminium still curtailed.

Next stop 5.02

Waiting for volume. All signs show positive. Immediate upside to 0.27

MACD Signal just happened. Good luck!

5G and RFID projects when borders open. Keep options open for this counter. Invest with research, not depending on rumours.

"Wheat prices have been on the rise of late, up 40% over the last six months. Given
that raw materials like wheat account for 90% of costs, this is likely to crimp margins,
especially as it is unlikely that MFM would be able to pass on all its costs to customers
immediately. MFM does, however, practice hedging on a 6-month average rolling basis, to
mitigate the risk of price volatility."

Read the company annual report

RHB targets breakout at MYR0.66 with TP1 MYR0.70, MYR0.75
(time frame: 2-4 weeks)

@
Lukesharewalker Suspected operator was caught during the last run up...now goring to escape
No rational reason for price to go up
Manufacturers dont buy today for tomorrow's production. They buy in advance. When price goes up, they average out. This is hedging.

Commodity will be the new gloves. If you believe so, you dont have to worry much.

Ever considered those are who buying are also dumping opposite so that the people who cam last will throw to buyers' prices?

Tomorrow should see some good movements. Anything above 0.645 and it is back in the game

@Apple2353 what happen to the news of 5G all those sinka were talking ...

It is still yet to be announced. SMTrack is definitely leading the consortium. Read up to understand.

Like I said, Monday, Monday. Nice!

Poor results, will sell off and wait below RM1.00. This stock has potential but not under current stewardship.

Monday, Monday. Who knows good news when will come

There folks, opportunity to collect.

Not moving - may drop back to 0.205