http://www.theedgemarkets.com/article/cimb-research-downgrades-magnum-lowers-target-rm185

http://www.theedgemarkets.com/article/ann-joo-gains-220-target-price-upgrade-firm-outlook

Huhuhu...then such "nursing-baby counter" is NOT suitable for the rough and stumble in the real market and financial economy marketplace.Better for such company to be privatised and out of glare of public scrutiny.

Ann Joo is expecting to announce the first QR very soon before the end of the month.Last year the 1st QR was made on 25 May.Expect the net profit to be about75-100% the previous year.When in stock investing,one must have the confidence if the FA and TA show that the company is fundamentally sound.All can be shown in Ann Joo EPS,PE,ROE,DY,NTA and dividend payout ratio which is 60%.How to have a stock like Ann Joo:-)))

Presently,the steel counters are very bullish.Their earnings also support for the price uptrend.Expect the show to last for awhile.Cheers.

With such glowing accolades by @Lucas Chan then its share price should command a good premium than it is now.But the reality is that its share price value is lagging(laggard) behind many of its peers.Dividend payout for the past two years is meagre as compare to similar construction outfits(which were alsoe involved in many of the country's top-flung infrastructure projects).Such share counter is only good for retirees and those who were contended with such meagre returns.

Blast furnace,its major components and ancillaries need to be shutdown after 4-10 years of non-stop and continuous operation.It is normal.But before such major shutdown the factory would have build up their stock inventories to cater to market demand.Does not foresee any immediate and adverse impact on the company.Can trust and vouch on the capability,expertise and commitment of the company BOD and top-flungTechnical Personnel to do the right things and things right.
Have a wonderful weekend.Cheers:-)))

Update on aborted ICSB Bandar Malaysia deal fall-out: http://www.theindependent.sg/arul-kanda-the-fall-guy-despite-rule-of-silence/

Read the latest news-http://www.theedgemarkets.com/article/growing-tension-bandar-malaysia

Read that latest news-http://www.theedgemarkets.com/article/growing-tension-bandar-malaysia

Blast furnace used for manufacturing steel need to be shut down for robust maintenance and retrofitting works after many years of non-stop continuous operation.The interior of the furnace which is lined with refractory bricks need replacement and repairs after been subjected to continual intense heat and temperature and also were and tear.Any of such work is normal.It is not an unscheduled breakdowns!

Nothing will change for this counter in the immediate future.Mediocre rated.

This counter does not add value to investors.So far its stock price performance sub-par and mediocre as compared to similar construction stocks.That reflects poorly on the company in terms of creating value for investors from time to time in tandem with the company's financial performance at every quarterly intervals.

Touch the 2.00 level today.More upside expected.

Agreed @nicky. Strong price support should also be the case after the company report first QR which is better than the previous QR!But presently the Technical Price Charts-MA,MACD ad RSI showed the stock is presently bearish after it had been going up for the past two months from about 1.40.Hope with the correction the stock will move up strongly after ex-bonus date next week.

When market up,this counter drops or sleeps.When market down,this counter follows.Go holland stock syndrome:-(((

Just to share.Dow Jones future presently show 17 points up.Probably Dow Jones will recover from the sharp fall yesterday!When market is down stay on course.Be patient.

Read--https://www.bloomberg.com/politics/articles/2017-05-16/malaysia-eyes-sale-of-proton-as-mahathir-s-auto-power-dream-dies

1. Appearance of long black candle with big volume in the Technical Price Chart today.
2.Moving Average(MA) chart is trending down.
3.MACD line is below the Signal Line on the MACD chart.
4.Stock is now in the bearish zone as shown on the RSI chart.
All these factors collectively support on why the stock price trend downwards by 4.0 cents.
Expect the stock bearishness to continue for quite awhile because there is no positive catalyst to move or cause to move the stock to trend upwards.

Normally,the market can anticipate in advance how will the coming company QR be.It lead and moves ahead of the result announcement.Thepresent movement of the price trend and momentum possibly does not augur well for the company QR?

Thus in the immediate term do not expect the downtrend in price to reverse upwards.Just to share.

For those interested on Tasuki candlestick pattern,read-http://www.stock-trading-infocentre.com/gaps.html

The stock exhibits gap candlestick features(or called Tasuki) during the last two trading days accompanied by high momentum and volumes.At today trading the stock even trend lower from yesterday low closing price.
2.This candlestick signals price reversal trend after the stock had enjoyed quite a good run upwards from RM 1.65 on 21 Mac 2017 to a new high above RM 3.11 to today closing low at RM 2.77.
3.Expect the price downtick to continue awhile with the appearance of the Tasuki in the Technical Price Chart during the last two trading days.Unless,there are some good news that can cause the price trend to reverse upwards.
In share investing,one should not expect the counter to keep on rising and rising.The price will fluctuate day by day.Exceptions are made for some Bursa counters whose price rise is beyond expectations-that is an exception than rule!
4.The coming QR is somewhere around 25 May 2017.Normally,the price trend for the counter will move before the announcement of the result in line with the market's sentiment or perception how the result will be like.If the market see it as good,normally it will be reflected in the price trend and otherwise.
Just to share and let us together think of the happy and smart way to make reasonable return(money) out of our investment.

This politically -connected construction counter from past experiences used to get a number of big public infra projects.But their project execution and management skill is mediocre!.At the end of the day they ended up with thinly marginal profit margins.Unlike,for example other construction company like Kerjaya Prospek, which is selective on the job wins but their profit margins are usually around 7-10%(or in some cases higher).
2.The project performance will be reflected on their QR outcomes eventually.
3.Impending change to transform the company not foreseeable in the near future.
Just to share.

Coming back to the basics,the price trend and momentum will move up and down.No way for any counter however good- blue chips, to keep on rising day by day.This counter had a good run since 16 February 2017 where the price was only 0.30cents.Even with the price drop today to 0.57cents the stock had gained in price by about 0.27cents.Giivng the investors a very phenomenal return of almost 100% just within 3months.Where on earth one can enjoy such return.From past observations and experiences the bullish run will turn less stronger as presently witnessed now.
2.Also basin got the Technical Price Charts-MA,MACD,RSI,Stochastic the stock is presently less bullish or turn bearish.Even for speculative counter like DNEx investors can use the Technical Price Charts to help them to SELL,BUY or HOLD.And getting the timing right.
3.The downtrend will turn lower with minor upticks along the way.Unless there is some positive news or events which will cause the present price reversal towards the upside.
4.Just to share whatever I have.Joys is seeing investors making money(capital gains) from their investments.Happy investing and stay alert:-)))

http://www.freemalaysiatoday.com/category/opinion/2017/05/14/najib-razaks-magic-wanda-fails-to-cast-its-spell/

Presently,vide the Technical Price Charts-MA,MACD,RSI the stock is presently bearish.Quite normal after a good run from ex-Bonus and Split to the current price.Market price will move up and down.

Patient investors will be handsomely rewarded:-)))

http://www.themalaymailonline.com/what-you-think/article/are-china-investors-steering-clear-of-malaysia-lim-sue-goan

Another news update- https://www.themalaysianinsight.com/s/2814/

http://www.malaysiakini.com/columns/381637

http://www.malaysiakini.com/columns/381637

http://www.scmp.com/week-asia/geopolitics/article/2093469/bandar-malaysia-woes-cast-shadow-najibs-trip-beijing

Read just available-http://www.scmp.com/week-asia/geopolitics/article/2093469/bandar-malaysia-woes-cast-shadow-najibs-trip-beijing

Development on the matter is still very fluid and evolving.For the record when Bandar Malaysia deal was signed on 30 Dec 2015 in China it was witnessed by the two leaders from China and Malaysia.Very high level.Also government to government.And involving one of the biggest construction arms owned by the state i.e. CREC- China state-owned company.Capital controls need to be imposed by China government to bring stability to the financial and monetary situation.Somewhat stabilised now.

Capital controls do not affect the state companies.They have an important role in the Belt and Road Plan by the China government.

Basing on the above factors,there were strong lobbying currently behind the scene to the two governments by ICSB(IWC-CREC JV) to get back the deal.Maybe on revised terms and favourable to the Malaysian government.

Outcomes:

1.The deal is given back to ICSB but on revised terms dictated by the Malaysian government where the national interest is secured on better terms and conditions.

2.New deal.Maybe with Malton-Dalian JV as widely reported and speculated in the mass media.

3.What if IWC-CREC + Malton-Dalian JV? Possible also.

Just watch how the matter evolve from now and until 13-15 May 2017.Good luck and happy+smart investing.

Development on the matter is still very fluid and evolving.For the record when Bandar Malaysia deal was signed on 30 Dec 2015 in China it was witnessed by the two leaders from China and Malaysia.Very high level.Also government to government.And involving one of the biggest construction arms owned by the state i.e. CREC- China state-owned company.Capital controls need to be imposed by China government to bring stability to the financial and monetary situation.Somewhat stabilised now.

Capital controls do not affect the state companies.They have an important role in the Belt and Road Plan by the China government.

Basing on the above factors,there were strong lobbying currently behind the scene to the two governments by ICSB(IWC-CREC JV) to get back the deal.Maybe on revised terms and favourable to the Malaysian government.

Outcomes:

1.The deal is given back to ICSB but on revised terms dictated by the Malaysian government where the national interest is secured on better terms and conditions.

2.New deal.Maybe with Malton-Dalian JV as widely reported and speculated in the mass media.

3.What if IWC-CREC + Malton-Dalian JV? Possible also.

Just watch how the matter evolve from now and until 13-15 May 2017.Good luck and happy+smart investing.

Development on the matter is still very fluid and evolving.For the record when Bandar Malaysia deal was signed on 30 Dec 2015 in China it was witnessed by the two leaders from China and Malaysia.Very high level.Also government to government.And involving one of the biggest construction arms owned by the state i.e. CREC- China state-owned company.Capital controls need to be imposed by China government to bring stability to the financial and monetary situation.Somewhat stabilised now.

Capital controls do not affect the state companies.They have an important role in the Belt and Road Plan by the China government.

Basing on the above factors,there were strong lobbying currently behind the scene to the two governments by ICSB(IWC-CREC JV) to get back the deal.Maybe on revised terms and favourable to the Malaysian government.

Outcomes:

1.The deal is given back to ICSB but on revised terms dictated by the Malaysian government where the national interest is secured on better terms and conditions.

2.New deal.Maybe with Malton-Dalian JV as widely reported and speculated in the mass media.

3.What if IWC-CREC + Malton-Dalian JV? Possible also.

Just watch how the matter evolve from now and until 13-15 May 2017.Good luck and happy+smart investing.

https://aliran.com/aliran-csi/aliran-csi-2017/1mdb-black-hole-widens-bandar-malaysia-deal-unravels/

Latest news update-https://www.themalaysianinsight.com/s/2687/

Latest news update-https://www.themalaysianinsight.com/s/2687/

The Belt and Road Summit will be held in Beijing on 14-15 May 2017. Twenty-eight(28) country's national leaders have been invited for the opening ceremony and roundtable summit by President Xi.

Just to share.

Read-http://www.mysinchew.com/node/117569

Read-http://www.tnp.sg/news/world/fallout-set-spread-after-bandar-malaysia-deal-aborted

News article- http://www.tnp.sg/news/world/fallout-set-spread-after-bandar-malaysia-deal-aborted

Read-http://www.mysinchew.com/node/117569

Recapture:

The proposed merger negotiations between MBSB and the smallish Arab Islamic Bank- Asian Finance Group(AFG) was given by the authority which is Central Bank(Bank Negara) to be completed within six months from the announcement date circa 22 Dec 2016.

2.Basing on the news report another 1-2 months to go before they get back to BN on the outcome.The market is expecting the negotiations will succeed this time after two failed attempts with other banking parties.

3.Normally,the market will move ahead of the announcement.Roughly the market price trend and momentum will indicate whether the proposed merger will succeed or not.Seem the momentum is building up towards the deadline.

Just to share.Happy and smart investing:-)))

Read from the news archives- http://www.thestar.com.my/business/business-news/2016/12/22/mbsb-gets-green-light/

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=6966

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=6966

From news source-https://www.themalaysianinsight.com/s/2599/

To clarify on the suspension of the stock do refer to Bursa Practice Note as appended here.

View: http://customer.bursamalaysia.com:8080/MainLR/Pages/MainPracticeNote2.aspx

To clarify please read the Bursa Practice Note-Request for Trading Suspension as appended.

View- http://customer.bursamalaysia.com:8080/MainLR/Pages/MainPracticeNote2.aspx

Any abrogation on the agreed mega-deal has wide and varying legal implications.The aggrieved party can sue for costs, and compensations which can amount to substantial amount if the decision is done male fide(with no cause or proper ground).

2.Like in the case of the global published misconceived mega-deal.In the end one of the parties has to forked out in the billions for compensatory payment and reimbursements instead of the case going for arbitration in London.

3.Have the party to the deal think thoroughly of the legal implications before terminating the deal?l.Just to offer another perspective to the matter without any prejudice or favor.

Outcome: The matter has to be handled with great care.If mishandled it can cause untold previous damages-the local capital market and investors' perception on the matter have to be addressed properly.Whatever the outcome damage has already been done.Interesting to watch what will be the eventual outcome...The saga continues:-(((((((((((((

The fall in global oil price to $48.67 today is also a not positive factor for Dnex.For investors stay alert.

If the price drop or up that is common.