TM HSBB + maxis contract....best telco combination

this is only the beginning.....more upside to come

with the monopoly biz model...TP 2.20...,you make your own decisions

TM and Maxis project coming to cable bizzzz

http://www.maxis.com.my/en/about-maxis/our-company/board-of-directors/dato-mokhzani-bin-mahathir.html

second TP 1.50

kikikikikik

coming already....1st TP 1.10....as expected...

greener touch??...sohai touch la hehe

http://www.thestar.com.my/Business/Business-News/2015/03/21/RM4-to-the-dollar-seen/?style=biz

http://www.thestar.com.my/Business/Business-News/2015/03/20/NEP-Holdings-scraps-takeover-of-Kuantan-Flour-Mills/?style=biz

KUALA LUMPUR: Loss-making Kuantan Flour Mills Bhd (KFM) will have to find another white knight after the proposed reverse takeover by NEP Holdings (M) Sdn Bhd was scrapped.

It told Bursa Malaysia on Friday the corporate exercise by NEP Holdings (M) Sdn Bhd, which sells water filtration system products under the Diamond brand, was called off just two months after inking the proposal.

KFM had on Jan 21 signed the heads of agreement with NEP’s 99.9% owner Lim Chang Huat, which would have led to Lim emerging as the controlling shareholder of a new entity (newco) that would take over KFM’s listing status.

Under the proposal, the newco would acquire NEP for a purchase consideration to be determined later. The parties had also agreed t the newco shares to be issued to Lim as consideration for the proposed acquisition be fixed at 45 sen each.

On Friday, KFM announced the final date to execute the definitive agreement was March 20 and both parties had mutually agreed not to seek for a time extension. Hence the HOA terminated on Friday.

“The board of directors of KFM acknowledges the current financial position of KFM and will continue to actively identify new business ventures or assets to improve the financial performance of KFM in the long term,” the company added.

KFM made a net loss of RM3.16mil for the nine-month period ended Dec 31, 2014. The stock closed up 0.5 sen to 33 sen on Friday.

finish news....

earnings drop...u all kena tipu by boner...hahaha...again...never learn

why be extremely patient when you can earn money in opcom?

1st TP ...RM1.10 is coming next Monday

whoa....mesti kaya....kalau sampai 0.275 lagi best...semalam beli murah...hari ini jual....banyak sohai beli...hahaha

ah yes yes...reaching my selling price 0.275 now...more volume...more volume...yayyy

sigh....shld have goreng wintoni...sigh....and I thought ready to Step Up!...tiu

aiyo...what is this??!??....it supposed to hit 0.290 today...don't cut queeee ....!!!...havent' fill my 0.275 order yet..haiyooo

shit la u all....fill my order la.....yes...0.270 is increasing...come come take my 0.275...I got some in 0.280 also...quick quick

eh don't cut que la...

eh im queing to sell at 0.275 ....don't cut my que ok!...profit profit...yay...thanks for your money

hahaha boner profit taking today....how much you queing to sell? 0.270? 0.280 or 0.290?

classical pump and dump..

fuah...LARI!!!....gila ni

http://www.theedgemarkets.com/my/article/sapurakencana-may-make-impairments-rm700m-says-alliancedbs-research

SapuraKencana may make impairments up to RM700m, says AllianceDBS Research
KUALA LUMPUR (March 18): AllianceDBS Research has downgraded SapuraKencana Petroleum Bhd (SAKP) to “Hold” at RM2.31 with a lower target price of RM2.55 (from RM3.25) and said there could be possible impairments of upstream assets in 4QFY15 but may be offfset by new gas reserves.

In a note today, analys Arhnue Tan said she views that SAKPmay make impairments of up to RM700 million in the upcoming 4QFY15 results as Newfield’s assets were purchased in FY14 when crude oil was above US$90/barrel.

“That said, the impairment is a non-cash item and impact may be muted as it could be offset by the inclusion of new gas reserves discovered in 2014,” she said.

Tan said a greater concern in the upcoming results would be if SAKP has to make allowances for trade receivables in the marine or drilling segments and in the worst case scenario, for the Petrobras contract.

“We see this as unlikely for now as the bulk of SAKP’s customers are established PSCs, but if it were to happen, the impact may not be fully reflected in its current share price and valuation.

“We downgrade our call on SAKP to Hold with a lower target price of RM2.55 (SOP-based, 13x implied PE) after adjusting down PE multiples in our SOP and cutting our crude oil average selling price (ASP) assumption to US$60/barrel for FY16-FY17.

“We also trim FY15 ASP to US$95/barrel from US$97/barrel previously thus adjusting our FY15 earnings down by 3%,” she said.

this overprice piece gonna drop....because GST defer

http://www.thestar.com.my/Business/Business-News/2015/03/16/Concessions-poser/?style=biz

Why has Faber to give up 60% of Sabah and Sarawak concessions?

PETALING JAYA: Although integrated facilities management specialist Faber Group Bhd’s long wait for a concession agreement to manage hospital support services in the northern states of Peninsular Malaysia have been settled, questions are now being raised as to why the company has to concede 60% of its stakes to other parties in the Sabah and Sarawak concessions.

Faber was recently awarded a concession to provide support services to government hospitals in Perak, Penang, Kedah and Perlis for 10 years, but the investor community is wondering whether the company has been shortchanged for the longer term since it has to give up stakes in the Sabah and Sarawak concessions.

The issue seems to be that since Faber continues to drive the business in Sabah and Sarawak despite the reduced stakes, would it be fair to the company as it would be only getting 40% of the revenue?

While the company’s managing director and chief executive officer Azmir Merican said the stake reduction was not a new issue and was made known two years ago, industry observers noted that the company would have invested quite a bit in assets and resources for the concessions in Sabah and Sarawak.

Industry observers feel that the Sabah/Sarawak concessions need to be further examined since like the concession to manage hospital services in the northern peninsula states these concessions were also for a 10-year period.

“With the exception of companies that have gone public, usually what an associate partner does is to allow the bigger shareholders drive the business. In certain unique circumstances, due to regulatory conditions and the like, the driver of the business may have to hold 50% minus one share or limit its losses to 49% at the most,” an analyst explained.

For instance, due to regulatory restrictions, companies such as DiGi.com Bhd’s biggest shareholder Norway-based Telenor ASA owning an associate stake of 49% in the former, albeit to a much closer 50% threshold than Faber’s 40% stake.

Analysts also said they wanted to know what the other joint venture parties were bringing to the table as Faber would have already invested a hefty sum throughout the years to acquire and sustain these assets when the company wholly ownedthe concessions in both states.

Faber managing director and chief executive officer Azmir Merican told StarBiz in an email that Faber would continue to drive the business.

“Faber, though now a minority shareholder, has substantial experience in the industry and will ensure that the business will continue to run smoothly,” he said.

Azmir said the company was not “able” to release any financial information pertaining to these contracts and how it would impact Faber but would do so once it had obtained “clearance” from the Government via the Health Ministry.

The concessions in Sabah and Sarawak are owned via 40% stakes in Sedafiat Sdn Bhd and One Medicare Sdn Bhd, respectively.

The balance stake is owned by companies based in both states. A further check with the Companies Commission of Malaysia showed that Tan Sri Bustari Yusuf, a major shareholder of Petra Energy, held a 36% stake in the Sarawak concession.

For the Sabah concession, Datuk Ag Buhtamam Ag Mahmun has a 24.9% stake in Sedafiat. The other significant shareholder in Sedafiat is Sabah’s Economic Development Corp with a 24% stake.

timber export and forex a major benefit to flbhd

pressing down price to collect more before rocketing up

heard analyst will give new TP to this counter...this is a monopoly business...

pending TM UNIFI HSBB fibre optics project grant announcement this month....stay tune for more!

OPCOM TARGET PRICE 1.50

GET READY FOR CONTRACT ANNOUNCEMENT!!!

with Telekom project TP > 1.20

worth 49.7 cents only

http://www.theedgemarkets.com/my/article/mulpha-land-receives-takeover-offer-497-sen-share

Monday finish

hahaha like that only attractive maa

shld make it more enticing....sell at 0.20

http://www.focusmalaysia.my/Mainstream/Thong%20Guan%20eyes%20earnings%20turnaround

Stretch-film manufacturer Thong Guan Industries Bhd must have been glad to see the back of 2014, having posted a 40% fall in profit for the year. Its weak performance was surprising, as the weaker ringgit against the US dollar and low crude oil prices are seen as boons to plastics exporters.

Nevertheless, Thong Guan expects to turn the corner this year as it aims for a profit increase of at least a 50% for FY15, backed by lower raw-material prices and an ongoing plant expansion.

The weaker ringgit distorted its FY14 earnings as it had to report an additional RM9.5 mil in expenses following ringgit fluctuations. Since the Feb 27 announcement of its financial results, the counter has fallen by 9%, from RM2.22 to RM2.02 on March 4.

Despite its weak 2014 results, analysts are positive about the company’s prospects and expect it to see a profit increase of at least a 50% in FY15.

A local stockbroker tells FocusM the plastics industry has been doing well due to lower crude prices. She adds resin, the company’s raw material, is a by-product of crude oil. - See more at: http://www.focusmalaysia.my/Mainstream/Thong%20Guan%20eyes%20earnings%20turnaround#sthash.XFPqEnBk.dpuf

http://www.theedgemarkets.com/my/article/saudi-arabia-vows-keep-pumping-oil-plan-successful

Saudi Arabia vows to keep pumping as oil plan is successful

(Mar 5): Saudi Arabia pledged to supply as much oil as its customers need and sees no sign their requirements will slow down as OPEC’s strategy to defend market share proves successful.

The world’s biggest oil exporter will only cut output if customers refuse to buy its crude, which is unlikely because Saudi supply is the world’s most reliable, Oil Minister Ali Al- Naimi said in Berlin on Wednesday. Prices will continue to stabilize as recovering demand helps the global market to rebalance, he said.

“Saudi Arabia will not reduce production unless customers tell us we don’t want your crude, and that is not going happen because Saudi Arabia is the most reliable supplier worldwide,” Al-Naimi said in a speech in the German capital. “Demand is gradually rising, global economic growth seems more robust and the oil price is stabilizing.”

The Organization of Petroleum Exporting Countries’ strategy of pressing rival producers such as U.S. shale explorers into tackling the current surplus will prove to be “the correct path,” according to Al-Naimi. U.S. producers have implemented an unprecedented cut in drilling as oil collapsed to a near six- year low after OPEC’s Nov. 27 decision to maintain production.

West Texas Intermediate for April delivery added 25 cents to $51.78 a barrel in electronic trading on the New York Mercantile Exchange at 2:57 p.m. Sydney time. Brent rose 3 cents to $60.58.

Cut and RUN.....lackluster ahead

http://www.theedgemarkets.com/my/article/rhb-research-downgrades-sapurakencana-sell

RHB Research downgrades SapuraKencana to Sell

KUALA LUMPUR (March 5): RHB Research has downgraded SapuraKencana Petroleum Bhd ( Financial Dashboard) to “Sell” (from Neutral) at RM2.64 with an unchanged target price of RM2.20 and said it sees increasing risks on counterparty, orderbook replenishment and exploration & production (E&P) assets.

In a note today, the research house said weaker E&P earnings and asset impairment possibilities could arise in the earning quarters.

It said latest foreign shareholding fell to 20% (from 23%, ex-Seadrill) and Tan Sri Mokhzani Mahathir’s resignation from the board could provide uncertainties on Kencana Capital’s holdings (more than 10%).

“Our FY16F/FY17F earnings are lowered by 6-7% as we value upstream at an 8% discount to our oil price assumption (pending the gas sales agreements),” it said.

At 9.41am, the stock fell 6.82% or 18 sen to RM2.46 with 16.76 million shares done.

whoa...director selling!!

he may start selling his shares due to conflict of interest with yinson

before you know it...next will be they ceased to be substantial shareholders if skpetro..no obligations now to support the price

high gearing....unable to convert to Islamic loan and oil and gas remains at the bottom...can tell from past few days skpetro kept dropping....

compare to scientex...tguan is more attractive

haha run la

no dividend????....gone case

goreng??...this counter already bungkus la

esceram is the best...cheap and good