It will be a win-win-win situation if someone (are you reading this Calvin?) can be the intermediary/introducer between MPCorp and SP Setia with regards to MP's land in Iskandar. SP Setia can do a JV with MPCorp. It could turn out to be something very interesting.

It was reported in the Star on Friday 20th Sep that SP Setia is looking for more land in the Iskandar area, excerpted below:-

SP Setia eyes more land in Iskandar

JOHOR BARU: SP Setia Bhd is on the lookout for more land in Iskandar Malaysia as part of its strategy to strengthen its position in the southern region.

Chief operating officer Datuk Voon Tin Yow said that while South Johor still had large parcels of development land available, the prices were now getting higher.

He said the average development land price in Iskandar now stood between RM15 and RM20 per sq ft, up from between RM5 and RM8 per sq ft six to seven years ago.

“The price of land in South Johor has appreciated over the years, but still remains competitive compared with land prices in the Klang Valley and Penang,” said Voon.

Source: http://www.thestar.com.my/Business/Business-News/2013/09/20/SP-Setia-eyes-more-land-in-Iskandar-It-plans-to-strengthen-position-in-southern-states.aspx

Calvin, here's your chance to drum up some business for yourself, lol.

Thank u very much for sharing. Much appreciated!!!

To midastouch, I found this write-up about the Co:- Established since 1987 Rubberex is a leading global player in natural and synthetic rubber gloves for household, industrial and professional applications.

What criteria do you use for your screening? Woould be good if you could state it with each screening.
Keep up the good work! Much appreciated!

It looks like Hap Seng's continuous share buy back is not giving the positive effect on the share price it wanted. The market can see that previuosly it was buying 500,000 shares in the last session (ie in the last 10 minutes) on a daily basis. Now it has changed to buying around 700k to 800k shares after 4pm.

If HS could change its strategy and intervene throughout the day and also not restrict itself to the 700k to 800k a day, the buy-back could have abetter chance of achieving the desired effect. A good example of a properly executed buy back is YTL Corp just a few days ago for the second time.

The current price of RM1.63 is not too far off from RM1.59 at the beginning of this year and in this period it has bought back 51.5m shares so far. Not much to shout about really.

To attract attention, the share price must close with higher highs and higher lows over a few days in order to achieve a 'clean' uptrend, preferably with volume. This together with some good news like a good divi (eg shares instead of cancelling them) would be nice. Now you know what I would like for Xmas.

JCY International Bhd (5161.KU) - Malaysia
Figures are in Ringgit (MYR).

4th quarter ended Sep. 30:

2012 2011

Revenue 536,412,000 439,752,000
Pretax Profit 11,501,000 25,560,000
Net Profit 10,477,000 25,352,000
Earnings Per Share 0.52 Sen 1.24 Sen
Dividend 3.00 Sen Omitted

12 months ended Sep. 30:

Revenue 2,245,168,000 1,671,255,000
Pretax Profit 442,683,000 13,844,000
Net Profit 441,223,000 13,466,000
Earnings Per Share 21.59 Sen 0.66 Sen
Dividend 8.00 Sen Omitted

DJ TABLE: Perisai Petroleum Teknologi 3Q Net MYR21.4M
-----------------------------------------------------------------------

Perisai Petroleum Teknologi Bhd (0047.KU) - Malaysia
3rd quarter ended Sep. 30:
Figures are in Ringgit (MYR).

2012 2011
Revenue 47,907,000 20,453,000
Pretax Profit 25,523,000 (3,509,000)
Net Profit 21,420,000 (4,997,000)
Earnings Per Share 2.52 Sen 0.70 Sen
Dividend Omitted Omitted

9 months ended Sep. 30:

Revenue 142,339,000 54,508,000
Pretax Profit 77,982,000 11,902,000
Net Profit 68,118,000 10,066,000
Earnings Per Share 8.03 Sen 1.46 Sen
Dividend Omitted Omitted


Results are based on Malaysian accounting standards and are unaudited.

(END) Dow Jones Newswires

November 21, 2012 05:17 ET (10:17 GMT)

The first link above doesn't work - try this one instead:
http://healthticket.blogspot.com/2012/04/the-darker-side-of-milk.html

On the subject of milk, Fat Cat Tim Buddy and talk2pkc are right. Do you know that we human beings are the only species in the animal kingdom who still continue to drink milk after we are weaned off it (ie no longer babies), and also, we are the only species who drink the milk of another specie. Both sounds petty unnatural doesn't it. We are conditioned to thinking drinking milk is good for you. If you drink milk and have a lot of mucus, you will see the difference when you stop drinking it.

If you are still drinking milk, you must read:
http://healthticket.blogspot.com/2012/04/darker-side-of-milk.html
http://healthticket.blogspot.com/2012/09/beware-of-milk-you-are-drinking.html

1:1 bonus ex yesterday. So price halved.

Canone TP is 495, not Kian Joo's. Canone's valuation assumed a PER of just 8.0x PER on the group's core earnings for FY13E. So the target price is a year ahead ie based on next year's earnings.

Kian Joo's TP is 2.50. It is now 2.35 +15.

Kenanga says it is worth 3.15 on its own and 4.95 with Kian Joo.
It is now 3.10 +52s on 5.3m vol.

Now 1.80 +7 still at 73% buy rate on 3.97m shares, an increase of 2.5m shares compared with my earlier posting.

Hap Seng is moving today (Fri), now at 1.78 +5 at 73% buy rate on 1.4m shares.
Also, 1.2m shares were bought in the last session yesterday before it closed at 1.73.
Since Thur 21 Jun, the buy-back by the Co has been 500,000 (increased from 300,000) everyday, except Wed 27 Jun when 1m at 1.74 was purchased.
Is something brewing?

Now awaiting for AGM to approve dividend of 17.5 sen proposed on 18 June 2012:

Description:

Pos Malaysia Berhad ("Pos Malaysia or "The Company")
- Proposed First and Final Dividend for the Financial Period Ended 31 March 2012

Announcement Details/Table Section :

The Board of Directors of Pos Malaysia wishes to announce that it has recommended a first and final dividend of 17.5 sen per ordinary share less 25% income tax in respect of the financial period ended 31 March 2012, subject to the shareholders' approval at the Company's forthcoming Annual General Meeting. The Entitlement Date and Payment Date in respect of the proposed first and final dividend will be determined and announced in due course.

This announcement is dated 18 June 2012.


http://www.bursamalaysia.com/website/bm/listed_companies/company_announcements/announcements/index.jsp

It's interesting to note that a few minutes ago, there was over 10,000 lots (1 million shares!!!) to sell at 1.78 against about 3,000 lots to buy. I wonder if this is a deliberate attempt to drive down the price in view of the call warrant CB expiring in 4 days time (similar to what happened with DRB not so long ago)?

As I mentioned, the vol increase for Hap Seng was exceptional.

Other counters that gap-up between stopping at 4.45 and re-opening at 4.50pm include Genting from 9.59 to 9.68,TDM from 4.31 to 4.55. Even Coastal went up from 1.92 to 2.00 with a volume of 2.8m (!) but nothing can beat Carlsberg (from 11.60 to 12.98) with 1.38 increase on 1.38m shares in the final 10 mins.

Now that Greece has decided to remain in the Euro, let us watch as the market trend upwards today from 1579.

Hap Seng closed at 1.83 +12s (7%) on a vol of 22.87m. Compared with a daily vol of half of a million to one million, the vol increase to say the least, is quite exceptional.

What really is interesting is in the last 10 mins of trading. At 4:50pm the queue was 7.2m to buy and 6.5m to sell. Having tracked Hap Seng closely for the past few mths, I have never seen buying at such a scale, let alone in the last 10 mins, and at a price level not seen in the last 14 mths.

The trade went thru for the 6.5m shares at 1.83, 9 bids higher from 1.74, the price of the last trade before 4.45pm - i repeat 9 bids (ie 9 sen) higher!!! This is serious buying. (I wonder if this is a passing trade between 2 parties, like what happened with Media on 7th and 8th June 2012, where over 20m shares on each day were transacted).

Trading continued with 773,800 shares given to the buyers, and an additional buying of 1,228,000 shares, giving a total of 2mil, all in the last 10 mins, at 1.83 the closing price.

I agree that the optimism in Europe and in particular UK (GBP140bn bank stimulus announced earlier today) may lend a hand to the price increase, but it can't fully explain the 7% price increase and more importantly, the increase in vol to almost 23m shares from a million or so.

Maybe we shall know next week. In the meatime, good luck to Greece and their voting on Sunday.

BTW, the company has bought another 300,000 shares today, at 1.83, in the last 10mins.

Look at it fly...vol now at 7m!

Yes, that's correct.

That is why I mentioned earlier the last cum-div date. To be entitled for the dividend, you must buy the stock before the ex-date, which is the last cum-div date.

The last cum-div date is the last day to buy the stock to be eligible for the dividend.

trading at 1.71 now with strong buying after lunch.

The ex-date is 14 June, today, which means the last cum-div date is the 13th, ie yesterday.

The share price as a result this morning ex'd at 1.96 after the div payment of 17s.

Hope this helps.

The company is continuing with its buy-back. Its mandate was renewed at the AGM. It has been buying 300k a day over the last 5 days, all at the closing price of the day.

Today's price movement is quite convincing. It opened at RM1.65 and closed at the high of 1.69, breaking the resistance of 1.65.

Its uptrend will not be impeded if it can continue to go up and break the 1-year high of 1.72.

As mentioned in my earlier posting, another small position is in the offering, knowing the continued support of the share price by the buy-back.

Perhaps, buy at 1.70 and above for tomorrow.

Perhaps it was anticipating the 1Q12 results which was announced on 24 May 2012:

Coastal Contracts 1Q Net MYR30.8M Vs MYR56.1M (down 45%)

The Company is quite diversified in its busness - it is involved in property, plantations, automotive, credit financing, the fertiliser business and quarrying and building materials.

The counter is 73.73% owned by the Lau family, up from 69.35% in Oct 2011.

With the increase in the stake in the Co and the continuing accumulation of shares via buy-back by the Co, one would expect the forthcoming quaterly results would indeed be good.

The counter is trading in a price channel between 1.60 and 1.70.

Since 19 March 2012 when the Co announced the sale of land and making a profit of RM38.4m to be booked in 1Q12, the Co went on an aggressive buy-back of its own shares, Since then, it had bought 12.8m shares, making a total of 19.1m shares to date.

Very often, you can see the buying in the last 10mins of afternoon session, in fact in the last a few seconds before 4.50pm.

Today,(24 May, Thurs) it was 350,000 shares was bought at 1.65 pushing the price up by 1 bid; yesterday it was done 100,000 at 1.64 and 330,000 at 1.65, pushing the price up by 2 bids. On 21 May (Mon) the Co bought 300,000 at 1.63, the closing price of the day. There are more of such buying, too many to list.

In addition, its 100% subsidiary, Hap Seng Insurance bought 50m Hap Seng Consol shares from its Hong Kong sister Co on 17 May 2012.

With the Co buy back, it mght be worth while to take a small position. At least you know the price is supported.