Milosh you're right. Aluminium price hardly dropped at all overnight price usd2451.05 (-0.57%). It does not look like China's action can dictate the aluminium prices because major economies are recovering and plenty of infrastructure projects will keep demand for metals at elevated prices.

China just announced it is releasing metals from its reserves stockpiles to cool down prices. Metals include copper, aluminium and zinc. Its a knee jerk reaction. Business at Lbalum will be unchanged. Major economies recovering and more infrastructure projects ahead.

Market this past week has been influenced by covid numbers and increasing fatalities. Also market is bracing for the possibility of a full MCO. Business wise, LBaluminium should not be affected. Growth in China and infrastructure projects should sustain commodities and the manufacturers. Market players should position for longer term and wait for increasing vaccination and lower covid numbers.

Market this past week has been influenced by covid numbers and increasing fatalities. Also market is bracing for the possibility of a full MCO. Business wise, LBaluminium should not be affected. Growth in China and infrastructure projects should sustain commodities and the manufacturers. Market players should position for longer term and wait for increasing vaccination and lower covid numbers.

Based on last eps 5.99 and annualised P/E of 10, Lbalum should be rm2.40. This is not taking into calculation of expected stronger earnings next quarter. Looking at the technical indicators, it has a rising RSI, and now has risen above its 10 and 30 days MA after its recent consolidation. The MA has not formed the golden cross yet but rising momentum should see it do so in a couple of days.In short, its looking promising for the stock.

believe this upward move should take out the recent high of 1.39 and register a new high in coming days.

sudah jalan

Possible LBalum at the tail end of the consolidation. Should see upside after this.

the retained profit is already rm189m can easily give 1 for 2 bonus. Balance sheet is so solid. EPS strong and increasing. It's in the right sector with aluminium increasing usage worldwide and in EV. After consolidation should be very promising.

Well written, Invest_888. Fully agree.

On behalf of the Board of Directors of the Company, KAF Investment Bank Berhad wishes to announce that the listing application in relation to the Proposed Private Placement had been submitted to Bursa Malaysia Securities Berhad on 25 February 2021.

any one knows whats the meaning of listing application in relation to the PPP?

does it mean they have found a party to subscribe to the private placement?

Solar power companies rally. Slvest, samaiden. Master supplier to First Solar.

thanks kotatatata, it looks very firm and determined to stay above 12.

does anyone have any indication for the ex-date for the bonus and warrant? the submission to bursa for approval was on 19th october.

Scomnet supplies catheters, cannulas, and urine bags. Its clients include blue chip companies like New York listed Edward Life Sciences Corp and Denmark Listed Ambu AS.

https://www.thestar.com.my/news/world/2020/03/28/at-some-us-hospitals-drugs-catheters-oxygen-tanks-run-low

Fidelity started buying MFCB april 2010 when it was around rm0.90. Look at the MFCB today. AND it is still buying even up to this month...

Trans-Borneo highway to create 15-20 years of spillover effects — MIER

https://www.theedgemarkets.com/article/transborneo-highway-create-1520-years-spillover-effects-%E2%80%94-mier

Will sure to benefit Naim's construction and property business.

believe market anticipating good QR. well done winbigbursa.

There is already a disconnect between Naim's and Dayang's share price movement.

Investors are buying Naim on its own merit. Funds are accumulating at this stage.

Naim's earnings will be powered by

Dayang
Perdana (turnaround)
Properties and
CONSTRUCTION.

Notice the word construction in capital. Imagine the construction business potential due to its PROXIMITY to the new Indonesian capital in Kalimantan. It's just next door or a highway away. Its strength is that Naim knows the terrain, access to building materials,and already a experienced significant player in the area. Imagine how much construction business available...

No one has connected the dots yet...but in years to come the construction business may be Naim's the next cash cow.

AND, oh by the way, we have not mentioned about the spillover effects on its property business yet...

congrats @winbigbursa. It's the start of the new leg uptrend.

At today's close, Naim's holding in Dayang ALONE is worth rm1.46. No value imputed for Perdana, construction and properties.

do your homework...naim only got 26% of dayang. is 10 sen rise in dayang = 10 sen rise in naim?

It's MATHEMATICS, not a story. Maths can be calculated..story anyone can tell.

WHAT DOES IT MEAN BY BUYING NAIM VS BUYING DAYANG DIRECLTY?

When you buy Naim vs buying Dayang directly, you are

1. Buying Dayang at 26% DISCOUNT (current price)
2. Getting Perdana's profit
3. Getting Naim's construction business for FREE
4. Getting Naim's property business for FREE
5. Will be in play for Sarawak's state election 2020

Is there a better deal else where?

IT DOES NOT MAKE SENSE.

Naim holds 26% of dayang worth rm714 million (dayang@rm2.59 currently).
Naim is capitalised only at rm524 million (naim @rm1.02)

Naim's NTA is rm2.62 p/e of 6.

AND We still have not factored in Perdana and its construction (pan borneo highway), its property development AND Sarawak election play potential.

1QFY6/20: Bright lights ahead
■ STC’s 1QFY6/20 core net profit of RM6.1m (+35.2% yoy) was within
expectations, at 24% of our FY20 estimate.
■ Higher lighting sales, especially from domestic street lighting market, should
drive stronger results for the rest of FY6/20.
■ Maintain Add. We lift our TP to RM1.76, based on 12x CY21 P/E.

latest report from CIMB. target upgraded from 1.45 to 1.76

CIMB has got a technical buy this morning. TP 1.24.

trending higher, higher high and higher low, should be able to clear 1.05 this round

Maintain Add, with a higher TP of RM1.45
We lift our FY20-22F EPS by 2.0-4.6% to account for: i) higher interest income and ii)
disposal of SEB. Our TP is raised accordingly to RM1.45, which is still based on 12x
CY20 P/E, which is in line with its 5-year historical mean. We like STC for its: 1) attractive
valuation of 8.1x CY20F P/E, 2) net cash of RM12.2m at end-FY6/19, 3) current 33.8%
discount to NTA of RM1.48/share (end-FY6/19). The share price is supported by 4.1%
dividend yield in FY19-21F. Re-rating catalyst: higher sales of street lighting. Downside
risks: i) delay in public tenders for LED lights, and ii) sharp rise in operating costs.


From CIMB research. Target price of Success is RM1.45

there should be many contracts for Bandar Malaysia. Success's LED street lamps are buatan Malaysia..very good prospect.

new high, otw to 5.00

Announcement out. Splash deal completed

JJChan, Thank you for very insightful information.

JJChan, interesting piping technology. Can you elaborate more on this if you can. Can the existing pipes be replaced without digging? Surely, this tech is much needed to avoid all the mess of digging and re-surfacing.

both hibisucs and dnex got anasuria oilfield. dnex got anasuria via its holding in ping. if hibiscus is being recognized for that so should dnex. its an opportunity to accumulate dnex at current level.

1.63 new high. should have a 20 sen gain from here technical wise so immediate target 1.83

think insas now in new upline channel

insas nicely along uptrend line. needs to trade above 1.10 for the next upward thrust.

insas looks like will post new high today! previous recent high 1.06.