sell on strength

bought DRB at 1.90

sell back again on strength

bought gamuda-we at 36sen

bought back lionind on weakness

sell on strength, locked profit first

sell on strength

Bank pembanguan malaysia (wholly own by Minsitry of Finance) have given Prestariang finance facility RM 978m amounting for SKIN project

What is Tawarruq Asset Financing?

It consists of an arrangement of series of sale and purchase contracts. The tawarruq arrangement in this product is via murabahah (disclosure of mark-up above the acquisition cost) form.

The brief structure and flow are as follows:

Upon request and promise by the Prestariang to purchase an identified asset, the Bank acquires the asset from a supplier, on cash basis for the planning, design, development, customisation, supply, delivery, installation, configuration, integration, interfacing, testing, commissioning, maintenance and transfer of SKIN pursuant to the concession agreement. The Bank is also authorized by the Prestariang to execute sale and purchase transactions that will be performed afterwards.

The Bank then sells the asset to the Prestariang at a Sale Price i.e. Purchase Price with disclosed profit, to be paid on deferred. Then Prestariang is now the owner of the asset pursuant to acceptance by the Bank.

The Bank as authorized by the Prestariang, sells the asset to Goverment, on cash basis for disbursement purpose at the end of concession under built, operate and transfer concession agreement at the end of concession period.

The deferred Sale Price is payable by the Prestariang on installment based on the agreed tenure to match completion of SKIN in 3 year time and 13 year end of concession period. The installment payable is derive from Prestariang receive the payment upon full commissioning of SKIN Solutions, with an average annual payment of RM294.7 million for 12 years, from the fourth to the 15th year, during the maintenance service period.

bought back lionind at 76sen

bought back prestariang at 76.5sen

bought more Airasia at 2.66

bought Gbg at 80-80.5sen

sell on strength

Renegotiation panel now increase from solely Ministry of finance by adding other ministry to seek more balance view; Ministry of Economic + Ministry of Work + Ministry of Transport. No dictatorship direct from Ministry of finance and his secretary tony pua anymore.

Hope to outcome will be positive to regain back market confidence on current PH flip-flop policy.

bought more gamuda at 2.07

If without Gamuda figth, splash deal is only value 250m or wasia to take over already. It is due to Gamuda fight, splash now value at 2.55billion and Gamuda water still retain its maintenance contract to continue operation in ssp3.

PM: We may reconsider contract

KUALA LUMPUR: The government will reconsider the decision to terminate MMC-Gamuda as the underground contractor for the Mass Rapid Transit Line 2 (MRT2) project, says Prime Minister Tun Dr Mahathir Mohamad.

Read more at https://www.thestar.com.my/news/nation/2018/10/10/pm-we-may-reconsider-contract-govt-to-rethink-mmcgamuda-deal-for-underground-works-in-mrt2/#eT17k7JJYOMOrB54.99

bought gamuda at 2.57-2.58

bought Gkent at 1.18

bought back bjcorp at 28sen

sell on strength, lock all profit

:DD)

sold back WB at 35.5sen

bought WB at 33sen

:D)

bought at 1.00

bought back all MNRB and MNRB-OR

sell on strength, lock all profit

:D)

Recovering

bought also MNRB-OR at 12.5-13sen

bought MNRB at 1.04

accumulate more Airasia a 3.08-3.10

sell on strength, move to airasia

sell on strength, move to airasia

sell on strength, move to airasia

sell on strength, move to airasia

spacial dividend coming !!!

attractive entry price at 92.5sen

attractive entry price at 3.06

Good dividend yield stock

strong momentum

Dividend 3 sen to be announce soon today or tomorrow, give rise to attractive yield

Attractive entry price now.

Breakout 30sen to reaffirm trend reversal.

Bjcorp to recognize RM108.29mil gain in coming Q result.

https://www.thestar.com.my/business/business-news/2018/03/07/berjaya-corp-sells-entire-dsg-stake-for-rm266mil/

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5834301

In Vietnam, JAKS unit Golden Keen Holdings Ltd has awarded the EPC contract 2 of worth RM1.83bil to carry out the civil and M&E engineering works.

Jaks is expect to derive as much as RM 400m gross profit from these EPC contract 2. So far, the progress is about 25% completion and Jaks already realize about RM 100m gross profit from EPC contract 2. Therefore, there will still about RM 300m gross profit to be realize over remaining construction period.

On the other hand, if anyone did visit PJ13, pacific star recently, you will notice clearly that tower 1 already completed, which is to hand over to star soon. The office tower 2 and residence tower A and tower B unit all progressing very fast with all window fixed up the frame and on track to hand over in next few month time.

DK66 I must say that the gain on disposal has already been booked in Q4 2017.
27/08/2018 12:35

The gain of disposal is partially booked in q4 2017. There is still balance of tranche land pending at that time and the whole land disposal was completed om April, therefore, still about 25-30m profit from land disposal to be booked in upcoming q2 result.

http://www.bursamalaysia.com/market/listed-companies/company-announcements
/5758125

:D)

Kyy will not only stop selling, but, in contrast Kyy will buyback jaks now