only focus the strength guy .....MOON SURFACE , need fund , need status , need brave attitude , need adventure lasting nature .

Inflationary pressures extend - US 3.6% 30-year high, Europe 4.1% 13-year high
The US Federal Reserve's preferred measure of inflation, the core personal consumption expenditure price index (core PCE), rose by 3.6% in September, unchanged from the previous month, and remained at a 30-year high. Eurozone inflation also surged further to 4.1% in October, hitting a near 13-year high...

Subject to SEC jurisdiction Luno eyes cryptocurrencies
With global markets in turmoil, assets such as stocks, funds, bonds and gold are struggling. In contrast, cryptocurrencies, the world's largest cryptocurrency by market capitalisation, Bitcoin, has recently rebounded and is even heading for all-time highs after a downturn, despite the fact that several governments, including China and the US, are planning to increase oversight of cryptocurrencies. Bitcoin (BTC) has gained 31% since October. Other cryptocurrencies are also showing...

Correct attitude needed , when invest on stock market , it is not fish market , can negotiate price , all price buying and selling on willingness . Monday UpUp Up.

For me , nothing effect my stamina , i paper lose , MULTI Thousand , but never afraid , I SEE LONG TERM , if freeze for years , also not a problem , i just talk is my fixed deposit .

BUT , for me , my confident is over my ego , in term MAKING Prices Up.

TRAP ON , just talk is BIG LESSON , learn more , will use to the tactic apply in near future .. Pre market Advice.

THIS LEADING NOW < COMPANY ON GOOD TRACK RECORD < PROFIT ENSURE .

Winning the game need calm , tolerance even patient ....... if want win immediately , i recommend , INTERNET SOCCER MATCH < LIVE ...every day got ...if want , i can recommend , stock market is like fishing port , need skill and SPACE , timing and expertise to Go Up.

KUANTAN, 30 Oct 2021 - President of the East Coast Chinese Chamber of Commerce & Industry (ECCCI), Tan Sri Lim Keng Seng, said the government's decision to impose a prosperity tax on large corporations earning more than $100 million would not affect market sentiment as the number of companies involved is very small and the impact is not widespread. He is also the President of the Pahang Chinese Chamber of Commerce and Industry and the Pahang Wood Industry Association. He said in a statement that while SMEs are generally looking forward to a tax cut from the Government to help them...

He said that developers had reflected their problems to the Chamber and expected the Government to reduce taxes and fees to the pre-coronary epidemic level.

He said that the Chamber would submit a memorandum to reflect the problems faced by developers as soon as possible.

In addition, Mr Wong stressed that developers are also facing a severe shortage of foreign workers.

He said the 20 to 30 per cent increase in the price of building materials was already too much for developers to bear, and that for some small projects, they could get by, but for large projects, it was hard to say what to say.

He said that the construction industry has always preferred to hire foreign workers, mainly because they can do one job to three, while local workers not only demand high wages, but also do not want to work in a hard industry.

"Now that we can't hire foreign workers and local people are reluctant to work in the construction industry, the progress of construction projects has been affected to a certain extent."

He stressed that instead of teaching people to fish, the government should teach them to catch fish and change their attitude towards work on their own initiative.

Wong Po Chun: Regulate the steel market

Malaysian Chamber of Real Estate Developers Kelantan Branch treasurer Wong Po Chun called on the government to monitor and regulate the steel market to avoid outrageous price hikes that would indirectly affect the construction industry.

He said that the increase in the price of building materials would have a significant impact on the construction industry, as the price of a signed sale and purchase agreement could not just go up.

He believes that the construction industry is an important part of the country's economic recovery, the government must not ignore the price hike of building materials and let the construction industry, an important sector of the economy, go unchecked.

Land division fees soar 500%
Construction industry in crisis

When questioned, Wong Po Chun cited the example of a land application for a subdivision that used to cost around RM100,000, but now costs RM500,000 to RM600,000.

"Not only have lot subdivision fees skyrocketed, but many taxes are also going up, such as the fees for submitting plans to the local government, etc. I hope the government is sympathetic to the plight of developers and builders."

Wong Po Chun said that the construction-related taxes and fees have risen at an alarming rate, and developers are feeling overwhelmed, especially during the epidemic and the control order, which has left them hurting.

Fang Tianfu: Industry caught unprepared

Steelmaker Datuk Fong Tien Fook said the price of some steel products had exceeded RM5,000 per tonne, catching the industry off guard and putting pressure on builders.



Chee Yuan Sheng: Losses on previous orders

The price of the project was based on the prevailing steel price, which was also the agreed price.

However, due to the emergence of unanticipated price increases, resulting in pre-orders or face losses, some peers even have to bear the burden themselves.

The spot market for steel is also very tight now, he said, mainly because market demand has recovered. In addition, iron ore, the raw material for steel, is also facing the problem of endless price increases, which will also have a direct impact on steel price movements.

Contractors fear bankruptcy as construction continues at old prices

Contractors across the country are complaining and fearing the risk of bankruptcy as the price of construction materials, especially steel, has soared by 60 to 100 per cent since the beginning of the year and this is expected to continue.

To add to their woes, the price of iron has risen a further 20 to 30 per cent in the last two weeks. The price of an iron bar has gone up from RM250 to RM300 to RM320.

According to reports, some retail shop owners say that the price is not fixed and is expected to continue to soar.

In the face of soaring prices for building materials, contractors have no choice but to continue to work on construction projects at the old agreed prices.

A construction contractor claimed that with the recent sharp increase in the price of steel from RM2,800 to RM4,000 per tonne, the average contractor has only two options, namely to postpone the construction work or to continue with the project already agreed upon and suffer losses.

"Apart from steel, other commodities such as cement, sand, bricks, electrical wires and pipes are also getting more expensive, with increases ranging from 20% to 100%. The price of cement, which used to be RM16 to RM17 per bag, has increased to RM19 refers to RM20."

The interviewed industry members said that in the past year, some building materials prices have risen sharply or even close to 100 per cent, which has brought problems to the industry that has already undertaken projects, not only to face the test of thinning profits, but also to face big pressure on capital.

The industry pointed out that with the recovery of the domestic economy, steel demand has also increased significantly; however, on the other hand, due to the tightening measures in the past due to epidemic prevention, production has been affected and demand exceeds supply; coupled with the rise in the price of steel raw materials, so that the water rises.

"I'm afraid it will take some time to pull steel back to a reasonable price level."

<Consumers will have to foot the bill>

Malaysian Electronic Commerce Association (MEA) director Ceng Jiejun said it was good that the government had imposed a sales tax on cheap products flown in, which was a recognition of the internet industry, but the wool comes off the sheep's back and ultimately consumers will pay for it.

He said online shopping is already part of everyday life and with the tax on foreign airfreight to the country under RM500, the prices of some goods may be adjusted in the short term and may be absorbed by some businesses themselves, but in the long run, the sales tax is treating all businesses equally.

"In the short term, it will affect consumers' willingness to buy, but I believe they will get used to it after a while, after all, it is now an e-commerce market.

"We are still waiting for more announcements from the authorities, including the rate of taxation, before we can really grasp the impact of the tax."

Malaysian Association of Small and Medium Enterprises (MASME) deputy president and chairman of the Malaysian Cross Border E-Commerce Association (MCBEA), Tan Chee Hiong, said that when the government adjusts the sales tax on overseas imports, it will mean "equal competition" between domestic and foreign e-commerce operators and brick-and-mortar shops, which may boost the business of brick-and-mortar shops as they compare prices.

"Prior to this, consumers were exempted from tax on goods under RM500, while local brick-and-mortar shops offered higher prices due to various cost considerations.

"Most importantly, when there is little difference in the price of products between foreign online shopping and local online shopping, consumers will choose local online shopping and a large amount of cash will stay in the country instead of leaving overseas, which is beneficial to the country."

Under the Budget 2022 proposal, from 2023 onwards, sales tax will be mandatory for both local and foreign merchants who sell cheap products below RM500 to our consumers by air, whether through online formats.

KUALA LUMPUR, 30 Oct 2021 - The government has stressed the importance of raising the debt ceiling to 65 per cent of GDP in order to finance the government's budget deficit in the medium term, including the need to finance the implementation of the 12th Malaysia Plan. Finance Minister Tunku Zafrul said that while the government's debt ceiling was raised to 65 per cent, what was more important was the government's ability to repay loans.

KUALA LUMPUR, 30 Oct 2021 - Group managing director of property consultancy firm William's Dahar & Wong Ltd (CBRE|WTW) said the government had made a commendable budget for next year despite the tough financial situation, but wanted the housing sector to move towards sustainability, such as investing in solar panels and green technology. He said the exemption of property profit tax for nationals and permanent residents who sell their properties more than six years ago would encourage more households to upgrade their existing homes...

EA> TA> FA
I learn this formula from long experience in Bursa Wrestling.
Food for thought. Always look at EA first.

When Hiaptek good mood, buy big very safe.
When Hiaptek bad mood, sell big very safe.
EA> TA> FA
Don’t believe. You will lose for ever.

You concern is validated now. But... hope for the best Hiaptek next year


Iewis888 > the ASP of gloves was still increasing till 1st qtr 2021 yet the gloves counters price already peak at Sep 2020. I thought as long as ASP is increasing and demand still higher than supply, the stock price will rebound and break new high but I was wrong. I learned a hard lesson from there. That time, many analyst also saying the factory expand capacity need time. Now the situation of steel counter seems similar. Demand still higher than supply. Even worse is the steel price seem have peak and steel counter seem have peak too. And many analyst say expand steel factory need time too. Every similar situation. Just my concern and opinion.
31/10/2021 6:30 AM

It said their sound financial figures reflect how well these companies coped in the midst of a global pandemic, with healthcare and pharmaceutical-related companies being standouts, while tech and logistics firms linked to the global e-commerce boom also benefited.

On its methodology, Forbes Asia said the list is meant to identify companies with long-term sustainable performance across a variety of metrics.

It said the companies on this list, which is unranked, were selected based on a composite score that incorporated their overall track record in measures such as debt, sales and earnings-per-share (EPS) growth over both the most recent fiscal one- and three-year periods, and the strongest one- and five-year average returns on equity (ROEs).

Aside from quantitative criteria, qualitative screens were used as well, such as excluding companies with serious governance issues, questionable accounting, environmental concerns, management issues or legal troubles.

State-controlled and subsidiaries of larger companies were also excluded.

KUALA LUMPUR (Sept 8): Eleven Malaysian outfits have made it to the Forbes Asia’s 2021 Best Under A Billion list, which recognises 200 top-performing publicly listed small and midsized companies in the Asia-Pacific region with sales under US$1 billion.

The Malaysian companies in the list are Comfort Gloves Bhd, D&O Green Technologies Bhd, Dancomech Holdings Bhd, Dufu Technology Corp Bhd, FoundPac Group Bhd, Frontken Corp Bhd, Revenue Group Bhd, Scientex Bhd, Thong Guan Industries Bhd, UG Healthcare Corp Ltd and ViTrox Corp Bhd.

In the Budget, it has been proposed that income tax be imposed on residents in Malaysia on income derived from foreign sources and received in Malaysia from Jan 1, 2022. This, Sim said, is in response to global developments such as the global minimum tax and the recent European Union’s action to include Malaysia in its “grey list”.

"This is a significant overhaul of our taxation system, which has been predominantly a territorial tax system. Some of the key issues to address is if dividends received locally will now be taxed because the law currently exempts local dividends from income tax due to the single-tier system that Malaysia adopts. There should also be a facility to claim tax relief should the same income be subject to tax elsewhere. In Singapore, certain foreign sourced income, such as foreign sourced dividends, are not subject to Singapore tax subject to fulfilment of certain conditions," Sim said.

"More details should be provided in the Finance Bill in this regard and I hope that there are special circumstances available for companies to continue to enjoy exemption for such income," he added.

According to the Budget 2022 announcement, the grant also includes an allocation of RM295 million for public universities to play a role in the research and innovation ecosystem as well as encourage industry collaboration.

“Budget 2022 has given a good direction and area of focus for the E&E sector to grow, and we look forward to more development as Malaysia pushes towards Industry 4.0,” he told Bernama.

Meanwhile, Wong hoped to have more comprehensive details in regard to the federal government’s allocation of RM423 million in grants prepared for companies embarking on research and development activities.

He questioned if applied and commercial research is also eligible for the grant.

“Applied and commercial research is essential as it involves conducting studies and experiments that solve practical problems in our society, which potentially results in bringing more sales for the economy,” he said.

The Touch 'n Go-Visa Prepaid Card will offer Touch 'n Go eWallet additional cash-out options through enabling last-mile withdrawals at Visa enabled ATMs domestically and globally.

"Through this partnership, we also look forward to jointly launching a varied set of financial service offerings with Touch 'n Go for the unbanked and underserved segments in Malaysia, leveraging the global accessibility of Visa's network partners," he said.

With the upcoming Touch 'n Go Visa prepaid card, Malaysians can enjoy the best of both worlds, as the card complements Touch 'n Go eWallet's existing network of QR merchants in Malaysia with Visa's broad network of more than 70 million merchant locations globally.

Visa country manager for Malaysia Ng Kong Boon as the Covid-19 pandemic is expected to accelerate the transition of the country towards a fully cashless society by 2025, the company is pleased to partner with Touch 'n Go to enable more consumers to adopt digital payments through the issuance of a Visa card.

According to the Visa Consumer Payment Attitudes study, both contactless cards (92 per cent) and digital wallets (81 per cent) are widely used in Malaysia.

Data shows that 77 per cent currently use both.

OTB is Only Take Breakeven.
Oopps. Sorry OTB is Only Trade Breakouts

OTP is Only Take Profits.

CC is Cut Cuckoo?

So TP1.15 meaning Take Profits at 1.15. No exception. Must be firm to your TP.

TP is take profits, my Dear. Remember the real meaning.

Make your heart stronger to entertain the great onslaught.

Small heart will get smaller fortune. Of course

Mind blowing fortunes for all. Stay tune.

Don’t worry. Fortune goes only to the very brave.

There is nothing so likely to produce peace as to be well prepared to meet an enemy. ~ George Washington Quotes.

Cover up big time?

So sensitive in boleh land here?

A peacemaker job has its limit. I stop here for today. Remember, peace be to all here. I love peaceful here.

Heaven forbids Hell to reign in Hiaptek. Reptilians please stop your scheme here. World peace is better than World War here.

Please stop this Hell climate here. Remember, enough of quarrel will not bring back Hiaptek to its glory?
Please make CALM here. Don’t make hell for all here. Make peace.
Better for all to make peace.

I believe in English wise proverbs. Ignore English wise proverbs at your on misfortune.

English man says: Don’t count your chicks before they hatched. Are English man crazy? Think first.

English man says: Money is the root of all EVILS. Are English man crazy? Think first.

Bilis behave like angels or like reptilians, all your choice. Don’t be happy or sad.