hng33

hng33 | Joined since 2013-01-11

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1 week ago | Report Abuse

“Wallahi, satu sen pun saya tidak ambil😅

Saya tidak terbabit langsung dalam sangkaan buruk itu, kerana sebab ia berlaku sewaktu saya menjadi Menteri Pendidikan," katanya ketika ditemui selepas menghadiri kenduri rakyat di Kampung Bentong Luar, di sini, hari ini.

Dia (Najib) yang pilih, jadi kenapa ada yang membabitkan saya? Kontrak pun saya tak tengok dan apa-apa peruntukan projek itu disediakan oleh Menteri Kewangan

“Jangan ada yang buruk sangka kerana berlaku ketika itu saya menteri (pendidikan), saya tidak lihat kontrak, tidak tengok apa peruntukan, semua disediakan kerajaan, Kementerian Kewangan,” katanya.
"Ini ada pula cerita baharu berkenaan soal tuntutan palsu, saya pun tak tahu. Ini pun saya tahu selepas baca surat khabar," katanya.

Tan Sri Muhyiddin Yassin menegaskan beliau tidak mengambil 1 sen 🤣pun dalam pemberian tender perkhidmatan 1BestariNet semasa menjadi Menteri Pendidikan

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1 week ago | Report Abuse

PUREBULL
For utilities stock exposure, PBA is better than YTLP. Almost all YTLP earning is derive from oversea such as Indonesia and Jordan power in USD, seraya power SGD, Wessex in POUND. In contrast, PBA is sole water supplier in Penang and begin enjoy recent water rate hike

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1 week ago | Report Abuse

Very soon these group of new syndicate director will siphon out cash in Gtronic

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1 week ago | Report Abuse

Oil tumbling, Dayang major earning contributor to naim will be affected

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1 week ago | Report Abuse

cut at 1.09-1.13

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1 week ago | Report Abuse

EPF will ease to be shareholder as it have cut down stake from 13% to current level 5.2%, will soon announcement will be make in bursa.

Take note, EPF have commence selling Gtronic ever since APB emerge as shareholder which in turn control Gtrinic board and management. These group of director are link to scandal serbak and trouble SCIB.

Just check latest Gtronic annual report and its newly form board director and management team, all of them are from SCIB and previous Serba group, you will notice why EPF keep selloff

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1 week ago | Report Abuse

Locked profit first is also learn that Gtronic management and board director have change to syndicate liked to SCIB as same director have seen appointed on Fed 2024 and are now control Gtronic board.

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1 week ago | Report Abuse

locked handsome contra profit is better in these volatile time

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2 weeks ago | Report Abuse

Don ever try to compare change auditor between serba and GTRONIC.... Serba is alarm bell by auditor which is in mountain sky high debt vs. GTRONIC which is in strong net cash position

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2 weeks ago | Report Abuse

PENANG, 10 SEPTEMBER 2024 – Globetronics Technology Bhd ("GTB" or the “Group”),
an established player in the Outsourced Semiconductor Assembly and Test (“OSAT”) and
semiconductor industry wishes to announce that it has received a written notice dated 4
September 2024 from Messrs. KPMG PLT, expressing their voluntary resignation as Auditors
of the Company. Pursuant to Section 281(2) of the Companies Act, 2016, KPMG PLT’s
resignation will take effect 21 days after the notice, i.e., on 25 September 2024. This change
is in line with the Group's new strategic direction, influenced by newly emerged shareholders
and management.
The Management of GTB commented, "We extend our gratitude to KPMG for their long
service and look forward to maintaining a positive relationship as we transition. It is important
to note that the financial reports so far have not been audited by KPMG for this year, ensuring
there is no impact on our financial integrity from this transition. We are actively enhancing our
auditing processes to meet the highest standards of accuracy and transparency.
Subsequently, we have shortlisted UHY Malaysia as our new auditor, pending the completion
of official documentation to formalise the appointment and ensure consistency with our
strategic objectives."
The Board of Directors (“The Board”) of Globetronics Technology Bhd would like to emphasise
that this transition will not impact the operations of GTB. The Group remains focused on its
business activities and will continue to meet all regulatory obligations during this period. The
Board is confident that this change in auditors will ensure seamless continuity in the financial
reporting process.
GTB remains committed to maintaining strong corporate governance and transparency for the
benefit of all stakeholders.

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2 weeks ago | Report Abuse

EPF have cut Gtronic stake to 5.18% now. It will soon ease as substantial shareholder after consecutive trim down its stake from 87.5m (13%) in Mar 2024 share to current 35.6m (5.1%)

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2 weeks ago | Report Abuse

EPF will ease substantial shareholder soon

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2 weeks ago | Report Abuse

With its stock down 47% over the past three months, it is easy to disregard Globetronics Technology Bhd. It seems that the market might have completely ignored the positive aspects of the company's fundamentals and decided to weigh-in more on the negative aspects. Long-term fundamentals are usually what drive market outcomes, so it's worth paying close attention. In this article, we decided to focus on Globetronics Technology Bhd's ROE

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2 weeks ago | Report Abuse

Since KSL already approve dividend reinvestment plan in last AGM, it will propose dividend either in next Q3 as interim dividend or final dividend in Q4

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2 weeks ago | Report Abuse

bought ksl at 1.72

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2 weeks ago | Report Abuse

bought naim at 1.13-1.14

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2 weeks ago | Report Abuse

If check MCEMENT latest Q result, it cost of sale have decrease significantly, boosting it's Pretax profit margin to 40% from 30%. However, net profit increase only smaller due to one off impairment RM 131m. Stripping out the impairment, MCEMENT EPS in actual can deliver 16sen instead of 8sen.

Next coming Q result will be very interesting, if revenue sustain at current level, profit margin will further increase from current 40% to up to 45% due to significant 9% weaken USD cost currency on import cost coal. Next EPS could range 18sen-20sen

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2 weeks ago | Report Abuse

More international hotel, service apartment in Penang..... More non-domestic big water user, charge at higher traffic rate are waiting to contribute more profit to PBA

MARRIOTT International Inc. today marks a significant milestone with the grand opening of the Penang Marriott Complex, marking its 50th property in the country.



Located along Gurney Drive, this landmark development is the first in Malaysia to house three Marriott Bonvoy brands under one roof namely Penang Marriott Hotel, Marriott Executive Apartments Penang, and Marriott Residences Penang.

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2 weeks ago | Report Abuse

With 99speedmart listing and continue downward performance for both Genting and GENM, next upcoming bursa index review on 30 largest biggest capitalization may exclude both GENM and Genting soon. These will significantly impact on Genting and GENM performance in future as many fund will adjust their portfolio to selloff Genting and GENM

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2 weeks ago | Report Abuse

PBA have neither business demand risk nor market share competion as water
consumption is on uptrend and PBA is operate under monopoly.

The shift higher ratio between nondometic to domestic ratio in water consumption implying not only water consumption is increase but also imply higher water charge rate in nondometic category such as semiconductor industry, Hotel and mall, tourist arrivals increae hotels occupancy, will offer higher profitability forward

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2 weeks ago | Report Abuse

MCEMENT major input cost fot manufactue cement is coal.

Import coal price is in USD. Selling finished priduct, cement is in RM.

USD have weaken by 9% since Jun from RM 4.72 to RM 4.33 now. The lower feedcost via currency weakness alone will boost Mcement profit significantly as cement selling price remain elevated unchanged.

Upcoming MRT3, Penang LRT, Johor BRT, HSR, booming Data center and China +1 semiconductor industry all will increase cement demand forward.

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2 weeks ago | Report Abuse

GEORGE TOWN: Most of Penang-based electrical and electronic (E&E) manufacturing companies are optimistic about their second-half year performance for this year.

https://www.thestar.com.my/business/business-news/2024/09/09/ee-firms-confident-about-2h24-performance

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2 weeks ago | Report Abuse

bought mcemnt at 4.89-4.90

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2 weeks ago | Report Abuse

bought vstec at 2.88-2.90

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2 weeks ago | Report Abuse

bought dsonic at 45-45.5sen

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2 weeks ago | Report Abuse

On a separate matter, he said work has also commenced on the project to lay a new 1.35m river-crossing pipeline at Sungai Perai, near the Ampang Jajar bridge.

“This pipeline is scheduled for commissioning in January 2026.

“When completed, this Sungai Perai river-crossing pipeline will allow PBAPP to pump higher volumes of treated water from the Sungai Dua WTP to Penang island.

This measure will address sporadic water shortage issues in some high ground and end-of-line neighbourhoods in the Barat Daya and Timur Laut districts.

He added that this pipeline is being laid to supply more water to about 120,000 water consumers on Penang island, including the factories in the Bayan Lepas free trade zone.

It will also enhance the stability of water supply services in the western, south-western and southern parts of the island

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2 weeks ago | Report Abuse

PETALING JAYA: Penang’s water treatment capacity will go up to 114 million litres per day (MLD) from this month.

The follows the commissioning of Package 12A at the Sungai Dua water treatment plant (WTP) on Saturday, Bernama reported

Penang Water Supply Corporation (PBAPP) CEO K Pathmanathan said Package 12A refers to a new water treatment module within the premises of the Sungai Dua WTP, built rapidly in response to higher post-pandemic water demand.

He said the Sungai Dua WTP is Penang’s largest and most important water treatment plant, supplying treated water to 465,000 consumers daily.

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2 weeks ago | Report Abuse

Sungai Dua treatment plant to further boost Penang’s water supply
FMT Reporters
-
08 Sep 2024, 05:14 PM
Penang Water Supply Corporation CEO K Pathmanathan says Penang’s water treatment capacity will go up to 114 million litres per day from this month

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2 weeks ago | Report Abuse

MACC Investigation Division senior director Datuk Seri Hishamuddin Hashim confirmed that the case was being investigated under Section 18 of the MACC Act 2009.

Section 18 of the MACC Act 2009 deals with any person providing documents such as receipts or invoices that are false or contains fake details with the intention to deceive the principle's office

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2 weeks ago | Report Abuse

If YTL comm have such poor track record, Malaysia gov should halt YTL com recent award telco project worth RM 980m in Sabah immediately till MACC outcome.

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2 weeks ago | Report Abuse

MACC highlighted that the tender for 1BestariNet service was originally planned for 15 years involving a contract sum of RM4.07 billion, but was shortened to seven years and six months without any reduction in contract value.

And while the services provided did not achieve the objectives set, MACC said YTL Comms had made several claims against the Education Ministry that require a more thorough investigation to confirm.

MACC said the investigation has so far found that the government has to bear claims worth RM176 million from YTL Comms but the claim information has yet to be confirmed by the government, other than telecommunication substation rental losses for a period of five years from 2019 that is estimated at RM10.8 million......

What!!! YTL complete RM 4 billion contract in 7 year instead of plan 15 year, so efficient meh🤔? After so call completed ibestarnet project ahead of time, still want to claim rental loss from its telco towers..... What a greedy con😠😡

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2 weeks ago | Report Abuse

MACC highlighted that the tender for 1BestariNet service was originally planned for 15 years involving a contract sum of RM4.07 billion, but was shortened to seven years and six months without any reduction in contract value.

And while the services provided did not achieve the objectives set, MACC said YTL Comms had made several claims against the Education Ministry that require a more thorough investigation to confirm.

MACC said the investigation has so far found that the government has to bear claims worth RM176 million from YTL Comms but the claim information has yet to be confirmed by the government, other than telecommunication substation rental losses for a period of five years from 2019 that is estimated at RM10.8 million......

What!!! YTL complete RM 4 billion contract in 7 year instead of plan 15 year, so efficient meh🤔? After so call completed ibestarnet project ahead of time, still want to claim rental loss from its telco towers..... What a greedy con😠😡

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2 weeks ago | Report Abuse

YTL comm maiden award project to build Sabah telco infra from gov may at risk. If gov decide to temporary halt the sabah project pending outcome from MACC investigation, it will another setback for YTL

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2 weeks ago | Report Abuse

Just relax, utility stock is recession proof business, more so after traffic rate hike, PBA water concession have now become super lucrative utilities stock. Lets PBA continue record another super EPS next Q, then market should start realize that PBA quarter EPS>15sen is indeed sustainable, prompting PBA share to gradually reflect fair valuation 10x

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2 weeks ago | Report Abuse

YTL crony is good frog, can jump to close to any politician as long as in power. Previously, M is in powerr, secure first IPP, M and Muhy in power, secure Ibestarinet. So, when A in power secure Sabah telco infra project.

But, now MACC investigate missing cash, false claim in previous job like Ibestarinet, if evidence valid, A definitely will distance from frog, may even wihtdraw frog qualification for gov work like upcoming HSR erc

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2 weeks ago | Report Abuse

YTL Telco tower is for commercial, but enjoy school free electricity and land. In additional, Telco tower also emit strong radiation sacrifice student health

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2 weeks ago | Report Abuse

Current singapore power capacity is 11.8 GW, actual peak demand is 7.8GW, balance is buffer spare capacity. The upcoming 2 GW from Indonesia and now additional 1.4GW should more than meet singapore power growth demand. Higher supply will affect singapore wholesale pool price which will lower existing singapore power profitability forward

Remark: Msia red tape have prolong export issue, none concrete agreements yet

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2 weeks ago | Report Abuse

JAKARTA: Singapore will issue conditional approvals to import 1.4 gigawatts (GW) of electricity from two power projects in Indonesia, in addition to a previously agreed 2 GW of imports, senior minister Teo Chee Hean said in Indonesia on Thursday.

The conditional approval for the 2GW of imports will be upgraded to conditional licenses this year, the minister told participants at the Indonesia International Sustainability Forum in Jakarta. - Reuters

https://www.thestar.com.my/business/business-news/2024/09/05/singapore-to-import-more-low-carbon-power-from-indonesia-minister-says

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2 weeks ago | Report Abuse

UWC YTLPOWR CEB GENETEC D&O GTRONIC MRCB 技术点评! 分享如何可以逃过大跌?
https://www.youtube.com/watch?v=RZUfEZSuM-o

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2 weeks ago | Report Abuse

Also take note, despite PBA has become super lucrative utilities stock, it cash holding will not increase in tandem as most of the profit earn will channel back to build more water treatment plant, additional water tunnel pipe to connect dam to water treatment plant, replace old water pipe to reduce non revenue water, which in turn will increase PBA capacity to supply more treated water to meet increase Penang water demand. Its win-win cycle, but at expense to shareholder as dividend payout ratio will decrease from historical around 30% to maybe 10%. However, the absolute dividend will definitely higher as EPS is expanded multifold higher

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2 weeks ago | Report Abuse

MizieXX
Just relax, utility stock is recession proof business, more so after traffic rate hike, PBA water concession have now become super lucrative utilities stock. As PBA just post first maiden Q result after rate hike effect, knee jerk effect have sent PBA stock hitting historical highest level, following later now by volatile taking profit activities.

As we all known traffic rate hike impact will valid for next 3 year, therefore, PBA coming EPS will be sustain above EPS >15sen for cumulative over next 2 year before due another review on non domestic water rate in 2026 and following by another due on domestic water rate in 2027. Thus, keeping for long term and enjoy eventual fair PE valuation 10x for target price RM 6 is viable investment strategy now. In the meantime of waiting, just continue enjoy dividend as passive income which should getting higher following PBA improve profitability.

Aside, increase profit margin due to water traffic hike > 180%. Increasing water sold as Penang water demand continue growth also will contribute higher revenue forward which Penang gov project water demand will increase from current 870MLD to 1350 MLD by 2030 or about yearly 6% yearly increment water growth.

Take note, the proportion between domestic and non-domestic water consumption have gradually change from 62% domestic : 38% non domestic to current ratio 57% domestic : 43% non domestic will also increase PBA profit margin forward as non domestic water consumption in Penang is spur by increasing foreign investment in manufacturing, semiconduction, hotel and mall which their water consumption is >35m3 at higher water traffic rate RM 2.10/m3.

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2 weeks ago | Report Abuse

He always to claim he recommend supermax stock at low price for first time recommendation to claim multimillion profit margin, but he never claims he keep continue recommend supermax on the way up for second time, third time……at different high-level price for late comer with reset new even higher target price. Likewise in YTL

He himself always ignore what he Philosophy: TA come first, FA second

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2 weeks ago | Report Abuse

Technical chart is very bearish

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2 weeks ago | Report Abuse

YTL frog project under RM 4 billion 1 BestariNet despite claim successfully, but, in actual never successful implement now in any school

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2 weeks ago | Report Abuse

The problem now is general public believe Muhyiddin, opposition PN leader is corrupted politician. Muhyiddin awarded 1bestarinet to YTL even through open tender but during phase of implantation, a lot of work didn't complete or partial complete and a lot of fund missing and YTL was also given FOC to set up 4g communication tower in school compound for YTL Yes mobile commercial use. A lot of school are complaining at that time and yet education Ministry give endorsement that 1bestariNet successful completed