GST out why need MyEg?

BN lost 26 Felda seats in GE14. Will Felda seats do better under PH? How?

PH better if judged last 5 years BN performance.

Daim predicts victory for Pakatan
http://www.thesundaily.my/news/2018/05/08/daim-predicts-victory-pakatan

Daim predicts victory for Pakatan
http://www.thesundaily.my/news/2018/05/08/daim-predicts-victory-pakatan

Daim: Pakatan will bring in experts to properly manage economy
http://www.theedgemarkets.com/article/daim-pakatan-will-bring-experts-properly-manage-economy

Felda in GE14 — Access to the BN fortress and a takeover rumour
http://www.theedgemarkets.com/article/felda-ge14-%E2%80%94-access-bn-fortress-and-takeover-rumour

Profit jump 16%. No wonder KYY bought.

PH win Mokhzani sure buy back more shares cheaply.

Why short? Buy lah.

Problem is not their money they spend but future generation.

Beg to differ. Clean govn no need GST bec they should control their expenses.

Why they give free motorbike, other free gifts in yesterday ceramah in Selangor? Not to buy our vote?

Sure BN no corrupt candidate?

PH new contractor better if follow Rafidah Aziz?

PH means got hope to be better?

RHB Top 20 Jewels nobody aware?

Naim unveils recovery plan
https://www.klsescreener.com/v2/news/view/375067/naim-unveils-recovery-plan

Blop blop short?

Brent Crude USD 80 even this week?

EPF sudah beli. Lagi murah beli lagi banyak.

Oil up except Sap what else to wait?

Making remote participation in AGMs the norm
http://www.focusmalaysia.my/Markets/making-remote-participation-in-agms-the-norm

No need attend AGM but can vote from home in future?

Past is past. Isa Samad, Emir Mavani(FGV CEO cause most problems) no more. In is Azhar ex Sime Darby Plantation, MRT CEO as chairman. Perhaps he will takeover from Zakaria as future CEO?

geraldt9 Little sister, FGV going up too .... what kind of management they have compared to Sime Darby ..??
04/05/2018 16:46

EPF no more selling? Who sell cause drop? Contra kakis? Foreign funds?

Balan is your eye sight correct? shpg22 said no dividend.

Posted by Balan211072 > May 3, 2018 07:07 PM | Report Abuse
Mr shpg 22.I appreciate ur insight into various stocks.

Posted by shpg22 > Apr 30, 2018 10:36 PM | Report Abuse
Looks like 0 dividend as predicted. Target price reduced to 0.55. STRONG SELL

If drop back BN to lose in GE? Why IPO set at RM 2? Whose fault?

1.2 2nd wave possible? Count from lowest 61.5 and double it?

Cannot be retailers since newbie1111 selling.

When taxes are raised it cause people to switch to illicit cigarette which cost less so BAT affected.

Hike in excise duty and GST implementation show govn no money no thanks to govn excessive spending.

If not related with govn why BAT drop RM 40 last 5 years?

Has car sales improve since Geely takeover? Proton takeover Perodua as no 1 place in selling cars? Can May QR report profit?

EPF, Tabung Haji keep buying because PM Najib ask so?

If RM strengthen against USD to 3.6-3.7 why good?

Logically PH manifesto no GST and toll abolish should cut BAT expenses in paying tax and freight charges on sending cigarettes for marketing throughout Malaysia not BN manifesto.

Will Mokhzani make a comeback as Sap shareholder if PH win GE? Those lose money in SAP pray Langkawi voters vote PH and all of you must support PH if you want to see RM 4 again.

Export counters did very well last 5 years under BN bec weak RM. Will they shine if PH win GE?

Will XingHe’s new venture make a difference?

LIKE most China-based companies listed on Bursa Malaysia, XingHe Holdings Bhd has been affected by a negative perception that is weighing down its share price. Its loss-making edible oil business is not helping either.

A penny stock, its share price has fallen more than three-quarters from its peak of 27.1 sen on May 28, 2014, to close at five sen last Thursday, giving it a market capitalisation of RM128.7 million.

It slipped into the red with a net loss of RM6.68 million for the financial year ended Dec 31, 2017 (FY2017), compared to a net profit of RM23.6 million a year ago, mainly due to declines in sales volume and lower selling prices, especially for peanut oil.

The net loss has cast a pall over Xinghe, and led some investors to feel that the company may be like some of its Chinese peers, where losses were followed by accounting issues, such as failing to submit annual financial accounts.

Hoping to turn things around, the company has decided to venture into seafood processing, with operations based in Bukit Tambun, Penang.

This will be XingHe’s first venture outside China, says non-executive chairman and senior independent director Stephen Ng Min Lin.

“We want to move the perception of XingHe more towards our local (Malaysian) operations and spread out the risks so that investors notice that unlike other China-based companies, we actually have operations here,” he tells The Edge in an interview.

He says the pre-tax profit contribution from the tuna-processing joint venture is estimated to be about US$1.6 million for FY2019 and US$1.8 million in FY2020.

“We will be renting a factory on a 7.5-acre piece of land in Bukit Tambun. The plant is a modern facility, but we need to modify it for our tuna-processing lines,” he says.

Modification work is expected to be completed by July before the processing lines can be run at full capacity.

“The existing plant was only used to process prawns, but now, we are enabling it to process both prawns and tuna,” he explains.

Ng, 39, was appointed non-independent, non-executive director of Key West Global Telecommunications Bhd in January 2011. He was CEO of Esabee Biotika Sdn Bhd from May 2008 to mid-2011.

XingHe, which is based in Henan province, made its debut on the ACE Market in late April 2014 in a reverse takeover of Key West Global Telecommunications.

Founded in 2002, it is one of China’s top edible vegetable oil companies. Apart from peanut oil, it also manufactures peanut protein cake, a byproduct in the production of animal feed.

Ng says going forward, XingHe sees potential in the seafood processing business, which will be overseen by Malaysian directors, including himself.

The directors in China, led by managing director and substantial shareholder Ma Guo Liang, will be in charge of the edible vegetable oil business there. Ma has a 46.52% stake in XingHe via Perfect Timing Holdings Ltd, an offshore company incorporated in the British Virgin Islands.

To recap, XingHe announced on March 20 that its 90%-owned subsidiary, XingHe-Jefi Sdn Bhd, and its joint-venture (JV) partners — My Ocean Venture Sdn Bhd (MYO) and VC Marine Sdn Bhd (VCM) — would set up Sea Tuna Industry Sdn Bhd.

XingHe-Jefi will have a 52% stake, while MYO will have 35% shareholding and VCM, 13% in the joint venture.

Sea Tuna Industry needs RM20 million to modify the Bukit Tambun plant and as working capital.

Funding should not be a problem for XingHe, which recently raised RM11.5 million from a private placement exercise and is sitting on a huge cash pile of RM431.5 million.

Its JV partners MYO and VCM will also be contributing their share of funds.

A filing with Bursa Malaysia shows that MYO is a private limited investment holding company that is 50%-owned by Leong Keng Wohand, who has interests in companies involved in the supply of lubricants and logistics services.

Taiwanese national Yu Pao-Chu — a substantial shareholder and president of Thai Ocean Venture Co Ltd — holds the remainder of the shares in MYO. Thai Ocean Venture is involved in value-added processing of seafood, principally tuna processing.

VCM is an investment holding company that is 99.99% owned by Datuk Gooi Kok Song, who has interests in companies that supply tyres and lubricants.

“Our JV partners own more than 200 fishing vessels, and 50% of the market share in the Indian Ocean. They have their own fishermen harvesting tuna. That will guarantee a consistent supply of tuna for us (Sea Tuna Industry), even during the low season,” says Ng.

Under the proposed JV, which is scheduled to be completed in the second quarter, XingHe-Jefi will make a capital contribution of RM7.5 million of the agreed issued share capital of RM14.5 million, to be funded by internally-generated funds.
http://www.theedgemarkets.com/article/will-xinghes-new

Ibrahim Baki, Richard Wee, Dennis Ling(all Sarawakians) happy with BN govn?

2013 GE RM 2.3. 2018 GE 0.95(drop 60%) Sarawak can support BN 100%?
https://klse.i3investor.com/servlets/stk/chart/5073.jsp

KPF buying again. How abt KWAP/EPF? Will they buy ahead of May 9th? Can Felda settlers vote BN 100% even FGV RM 1.71?

Retail sector to improve post-GE14
https://www.theedgemarkets.com/article/retail-sector-improve-postge14

How you know EPF push up? You work for EPF?

Posted by Pmaster > Apr 26, 2018 05:43 PM | Report Abuse
Risk , oic price drop becos of me , price up becos epf push . The truth is price drop becos of epf , price up becos of epf too .

Najib’s interview with Bloomberg: Expect a better result
Read more at https://www.thestar.com.my/news/nation/2018/04/26/najibs-interview-with-bloomberg-expect-a-better-result/#PGMSzz13UFTk74Jc.99

How EPF selling can push up price?

Work? Work for who?

Posted by Pmaster > Apr 26, 2018 05:30 PM | Report Abuse
Seem kaq4468 and risk is better than me , im not qualify to give any comment here. I just focus on my work. Hope kaq4468 n risk can bring u all gain handsome profit. Your money u decide.

EPF block Sap rise?

PH win no GST, toll abolish can help to cut some FGV expenses but not BN win.