hard to up haih

hi, if buy today still eligible for AGM?

yes zekuan, hopefully It can maintain above 5 on wed

small volume transacted today ... the price movement also small...

@tronx
for new listings(IPO)

Stock>RM1
Limit Up is 400%, Limit Down is 30%

Stock<RM1
Limit Up is 400% or 30cent whichever is higher. Limit Down is 30cent

got upper and lower limit, but I can't recall how many % /sen

because it's newly listed @tronx

based on Thier qr. some quarters shown little increases. just my instinct. I could be wrong

@nicholasming, can it be other provider like BP healthcare? because I read this article somewhere


https://themalaysianreserve.com/2018/07/16/ijn-to-implement-electronic-medical-record-system/

Ok TQ calvin

same to you... happy deepavali and happy holidays!

just becareful as the market sentiment now isn't as good as before :(

@zekuan...hmmm... hard to say. but either consistent or some increases.

The Board of Directors of Hengyuan Refining Company Berhad (“HRC” or “Company”) wishes to announce that HRC successfully completed its planned 10-week Major Turnaround (“MTA”) on 21 October 2018, ahead of schedule and below budget by USD1.5 million or RM6 million. The MTA at the Company’s Port Dickson refinery was the largest in its 55-year history.

Separately, the Board of Directors approved an increase in funding of USD76 million for the Euro4M Mogas project (“Project”), bringing the total investment to USD211 million /- 10%.

The additional capital expenditure will be used to expedite long lead and additional equipment for a larger scope of activities and to upgrade the Project to deliver refining capability for the production of both Euro4M and future Euro5M mogas specifications when required.

HRC anticipates completion of the upgraded Project by Quarter 1, 2020.

The previous announcement on the final investment decision of the Project of USD135 million /- 10% was made through Bursa Malaysia Securities Berhad on 16 June 2017.

2.      FINANCIAL EFFECTS

The Project will be financed using a mix of cash flow generated from operations and further drawdowns of existing loans.

3.     DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST

None of the directors or substantial shareholders of HRC or persons connected with them have any interest, whether direct or indirect, in the revised full fund release.

4.     STATEMENT BY DIRECTORS

HRC’s Board of Directors is of the opinion that the above revised full fund release decision is in the ordinary course of business and is in the best interests of the Company.

5.     APPROVALS REQUIRED

This investment decision is not subject to the approval of shareholders of HRC or any relevant authorities.

This announcement is dated 2 November 2018.

special draw dikurangkan?

most likely mid or end of nov

Why privatised?

@hero666. FYI... harta is already in index.... lol

anyone at the AGM now?

yes PADI. but it's been stagnant for some time already.

anyone at AGM?

Lawrence ,press down to collect?

dealing in securities can be either selling or buying ...hmm..

hammer?

13 march

tommorow is the ex date for div

nak tanya , "YS", maksudnya apa? nampak dalam conversation korang, tapi tak Paham. sorry ya

haha ninja, alrighty!

thank you, i see my kub inside

hello, ada group Telegram ke?

cik babe, saya kurang online kat i3 ,jadi memang tak tau kewujudan forum² baru haha

strengthen of myr akan affect profit kan?

now , I don't even know which place to stay

btw,why you have so many places ...

hello mark, thanks for sharing.!

@ninja, try googling " pdf to jpg converter"

@paktua seems like your averaging down is working...

Posted by Cik Babe > Mar 8, 2018 04:33 PM | Report Abuse

aku tunggu hibiscus naik 2 MYR, aku tak kisah, sebab guna duit spare, bukan nak pakai duit cepat, aku nak guna duit cepat pergi atm cucuk, no hal

REPLY:

hibi macam takde power recently....

Posted by Mark T Bird > Mar 8, 2018 04:24 PM | Report Abuse

as for the blog, don't worry I can delete and create a new one, hey this is mine, my place LOL


REPLY:
Dont forget about me bro!! ;D

klau i3 ade function notification bila korang comment, baguslah..
@cik babe HAHA

thanks coins and stockeeper.

@coins ,what announcement?

Didn't see y'all for few days.

Oh rupa2nya korang kat sini ye...

RHB research

As the knee-jerk sell-off of Press Metal shares now present an opportunity to BUY, we upgrade our call from Neutral. Our TP
stays at MYR5.85 (18% upside). Key risks include lower aluminium prices that could hurt profitability and investor sentiment towards
the counter. Meanwhile, unexpected power supply interruptions at the smelting plant may damage machinery and disrupt operations.

We are neutral on President Donald Trump’s plan to impose a 10% tariff on aluminium imported into the US. The impact on
global aluminium prices and Press Metal would be minimal, since the US accounts for less than 10% of the world’s
aluminium consumption. It is also not easy to revive aluminium production in the US, as cheap electricity is required in order
for the industry to be competitive. This is not the case in the US, where electricity is mostly generated by coal and natural
gas. Meanwhile, there is still a potential upside to global aluminium prices – half of the smelters in China are still loss-making
from rising energy costs stemming from higher coal prices. We believe yesterday’s sell-off of Press Metal shares now
presents an opportunity to BUY. As such, we upgrade our call from Neutral, but our TP remains at MYR5.85 (18% upside).
A US tariff on aluminium? Last Thursday, President Donald Trump said that the US will impose a 10% tariff on aluminium imports, in
order to deal with the excessive importing of the commodity. While no further details on the matter were made available, market
analysis suggests that this proposal has not been carefully thought through, and could be counter-productive to the US economy.
According to Harbor Aluminium, a 10% duty on US aluminium imports could eliminate at least 23,000 jobs and as much as USD45bn
in the manufacturing sector. The amplified negative effect on the US’ manufacturing sector would be 80 times bigger than that on the
country’s aluminium downstream industry. Harbor Aluminium also said that the policy may increase direct jobs in the aluminium
smelting industry by around 1,900 – but this would be offset by the elimination of at least 23,000 jobs in the US manufacturing sector.
Neutral on the planned tariff. We are neutral on Mr Trump’s plan, and believe the impact on aluminium prices and Press Metal’s
outlook would be quite minimal. The US only accounts for less than 10% (c.6m tonnes) of the world’s consumption, and it currently
produces about 1m tonnes pa. As such, it is a net importer of about 4-5m tonnes pa. Having said that, around 71% of the US’
aluminium imports come from Canada and Russia. The breakdown of the US’ imports of primary aluminium are shown in Figure 3. In
addition, we believe it would not be easy to revive US aluminium production, as the industry requires cheap electricity to be
competitive – which is not the case there, as electricity is mostly generated by coal and natural gas. Also, it takes about three years’
lead time to build a new smelting plant. Hence, consumers in US might have to import the aluminium, anyway.
China, the largest consumer of aluminium, is only a small exporter. China is currently the world’s largest producer and consumer
of aluminium products by far. The country currently accounts for over 50% of global aluminium production, or about 34m tonnes pa. It
consumes around 32m tonnes – which implies that it annually exports about 2m tonnes (or 3% of global consumption).
Demand still intact. Global aluminium prices have risen at a 5.1% CAGR since 2015, and are expected to continue increasing. We
believe the global demand for aluminium would remain intact, with growth mainly driven by the transportation, construction and
electrical sectors. Currently, about 24% of primary aluminium demand comes from the transportation sector. Regulations on emissions
and market expectations on performance call for lighter vehicles. Cars and trucks utilising a higher proportion of aluminium would
increasingly enter the market in the next five years. Having an all-aluminium unibody structure would enable vehicle manufacturers to
achieve their weight reduction targets. This is on top of enhancing the performance of the vehicle, improving its fuel usage, and
reducing the emission of carbon dioxide. Aluminium also makes up 60% of materials used in single-aisle aircraft. Aluminium
consumption in aircraft production is expected to grow by 10% in the next few years.
Potential upside in aluminium prices. Aluminium prices have rebounded, and are hovering above USD2,100.00/tonne after a
temporary blip in early Dec 2017. We believe the weakness was mainly due to seasonal factors, given the deceleration in economic
activity in China during the winter months. We keep our aluminium price assumptions in our model for Press Metal, ie at
USD1,925.00/tonne for 2018, and USD2,118.00/tonne for 2019. This is because the company has already sold forward most of its
2018F production and approximately one-third of 2019F output. We still see a potential upside for aluminium prices, as currently half of
the smelters in China are still loss-making from rising energy costs, due to higher coal prices. In addition, we expect the demand and
supply situation to remain in a slight deficit this year, as China continues to impose restrictions on aluminium output to reduce pollution.
BUY.

@telus, it's indeed a good and responsible management.. but sadly,it (the stock) needs some time to recover back to where it used to be. :(

KUALA LUMPUR (March 5): Press Metal Aluminium Holdings Bhd said today that it will be minimally affected by US President Donald Trump's sweeping tariffs on steel and aluminum imports.

"We understand that the market is concerned after learning about the potential tariff on aluminium which may be implemented by the US. We have been monitoring this development and we feel the current direct impact to our business is minimal," it said in a statement today.

Press Metal explained it exports "a very minimal amount" of its primary aluminium products to the US.

"Including extrusion products, our exposure to the US market is less than 1% of our total revenue," Press Metal said.

Shares in Press Metal fell sharply by as much as 10.2% to hit an intraday low of RM4.91 in early trade today, on concerns over Trump's plan to levy a 10% tariff on all imports of the metal. It pared early losses to close at RM4.97, down by 50 sen or 9.14% from Friday's closing, bringing a market capitalisation of RM19.32 billion. A total of 31.81 million shares exchanged hands.

In the statement, Press Metal noted that the consumption of primary aluminium in the US is almost 6 million tonnes in 2017, compared with domestic production of close to only 1 million tonne. 

"Canada, Russia and the Middle East are the top three exporters to the US, constituting some 80% to 90% of the US imports of primary aluminium," it added.

According to ratings agency Moody's, Asia, which produces more than two-thirds of the world's steel, will be minimally affected when compared to the rest of the US' trading partners.

no derrtan, it means
in year 1,the exercise price of warrant is fixed at RM1.00. nothing to do with upside of the mother share, I suppose.


And with the issurance of free warrant, the share price will also be adjusted right

@hohoho,thanks for reminding