With China 2nd wave lock down affect 100mil in Hubei province, that a sign Covid19 still has risk of more 2nd wave across all the world. Demand for health PPE support equipment like gloves will rise even higher. Across all countries will stockpile and buy even more gloves incase 2nd, 3rd or even 4th wave in coming year ahead until effective vaccine is available in mass volume supply ready for global citizen usage. Expert stated this vaccine take at least 12 to 18mths before for mass volume usage. Some more ASP glove price increase adjust higher month to month, sales glove order need to wait till April 2021. That's a year to wait..

the whole glove ASP price increase 10% to 15% across all glove companies starting April to June 2020 time frame, which one is the most efficient + highest volume shipment of nitrile gloves in the world? I believe you know which is the best & benefit the most in coming Q2'20 next Qtr result.

This is most critical point to take note from real data figure on raw material price. Raw material for nitrile drop -14% vs natural -7% .. that double saving on cost material in nitrile alone.. who benefit the most on highest volume shipment?????

“We estimate that nitrile butadiene and natural latex prices have declined 14% and 7% year-to-date, respectively,” said CGS-CIMB.

https://www.thestar.com.my/business/business-news/2020/05/15/supermax-to-raise-asps-by-10-15-from-june

if an smart investor, look on Harta financial Qtr result, able to interpret its financial report.. u will amaze of why it potential to growth big.. The loss is one time deal on forex loss & ASP price drop due Harta ethnic mgmt promise to customer commitment on last Nov/Dec ASP glove price. Next Qtr result will be massive explode due ASP increase 10% to 15% in Aug result due to high demand, tight supply pandemic across the world.

I believe investor is smart enough to distinguish which counter to buy for long term shares price appreciation since it business is sustainable, consumable goods sector same as Calsberg and Heineken.

In term of price valuation, BAT share price 11.40 quarterly net profit earned Rm92mil (PE9.4, dividend 1.20 yearly) whereas Heim price 24.00, net profit Rm91mil (PE23, dividend 95sen), and Calsberg 27.40 earned RM69mil (PE 29, dividend 90sen) yearly payout.

With just dividen 11% yearly payout alone, by compounding return to 7 years, it can double up its share price, assume business flat, stay at current growth level rate.

If study deeper, actually This lockdown actually help BAT business up. 1st illegal cigarette clamp down, boost sales of legal cigarettes. Fyi, 65% BAT revenues affect by illegal sales, mean only 35% legal sales in Msia.
If half or 30% convert to legal sale, this boost sales definitely. 2nd it drop from 37 to 10+ now, alrdy drop 80% price, 3rd it give 11% dividend payout evy year, way better than FD 2.5%. 4th last 2 Qtr result, it revamp back to good result, up to Rm93mil with EPS 34sen, efficiency is improving. Opportunity is there, as now it just stay firm at 10.50 to 10.80 range.

No right or wrong, but think out of the box.. Does it make sense?

With oil price fluctuations at $35, will Petronas willing to keep on giving maintenance contract to Dayang or other maintenance service vendors? Petronas stated before, to open oil rig exploration and provide service maintenance, its require Brent oil price to be healthy within $50 to $55 in their year end 2018 financial report.
Back to 2016 before, all awarded contract was on hold and stop when oil price drop. Contract award can be anytime on hold or postpone to many Quarters if oil price is not healthy and sustainable. No owner want to keep on running business at a loss, give contracts to vendor if business on losing money when supply vs demand is not flavourable? Eventually to contain business from further loss, they stop operation until market demand back to normal with oil price is sustainable and predictable for mid to long term. That my 2cent business common sense.

Not sure is true or not, there is a news that potential Malaysia government roll back the 10ppts casino duty rate hike for 2020 to push Visit Msia tourism. Hope it is true. Anyhow, with current low undervalued price, 6% dividend payout & OTP opening soon.. I believe it worth more than 3.50 in short term. Once OTP open, it will shoot up to 4.00 as seen before in last year Aug,2019 when Fox/Disney agreed to let GENM open OTP. It's just a matter of time, it will come.

Anti virus dos nelfinavir able to cure Coronavirus patients.. Fully recovered and 38 patients look promising recovery symptom. Good sign for recovery sign.

http://www.astroawani.com/berita-dunia/koronavirus-pesakit-di-china-pulih-guna-dos-nelfinavir-228996

Anti virus dos nelfinavir able to cure Coronavirus patients.. Fully recovered and 38 patients look promising recovery symptom. Good sign for recovery sign.

http://www.astroawani.com/berita-dunia/koronavirus-pesakit-di-china-pulih-guna-dos-nelfinavir-228996

Opportunity if has stronger will and patience. Wealth transfer from impatient to patients investors.

Gadang is a good time to collect.. It's already bottom out. High support at 0.70 right now.. will slowly goes up as days goes.. TP can hit 1.00 by mid year 2020.

UK house prices increase at fastest rate in more than a year.

Tom Belger,
Yahoo Finance UK, 15 January 2020,

UK house prices increased at the fastest annual rate in more than a year in the run-up to the UK general election, official figures show.

The latest property price data from the Office for National Statistics (ONS) show average prices rose by 2.2% in the year to November, a significant uptick on the 1.3% year-on-year growth recorded in October.

https://uk.finance.yahoo.com/news/uk-house-prices-ons-property-market-london-rise-fall-2020-stats-093909592.html

Why take those old past fews years of youTube video on Genting US casinos? Thats is past tense, share price is looking forward. Based on latest financial Qtr report, Empire casino alrdy back to black now, isn't that a good sign of worst is over? Plus, Genm OTP is opening soon in next 4 - 5mths, that a good sign as well if investor look toward medium to long term goal.

FYI. Empire US casino only uses one time deal of buying its shares back for RM0.5bil, get back the whole asset and take back control of US casino. Now, it business turn to black, no more loss. Future prospect will be better with new CEO ex Wynn in the mgmt restructuring. Some more, GENM share price drop from 4.00 to 3.30 now, wipe out Rm2bil valuation in share price after buy over Empire US casino. I strongly believe current low price of PE 10 + dividend payout 6%, already factor in all the bad news + moving OTP to be open soon in next 4-5 mths with Visit Msia 2020, more visitors foreign tourists arrival for this year. The business ripple effect and profit will be massive.

Patience is the key now. Big opportunity to collect if has patience.
I believe by year end 2020, GENM will shoot up beyond 4.00 once OTP open in mid year 2020 by then.

One more thing, Empire US casino only uses one time deal of buying its shares back for RM0.5bil, get back the whole asset and take back control of US casino. Now, it business turn to black, no more loss. Future prospect will be better with new CEO ex Wynn in the mgmt restructuring. Some more, GENM share price drop from 4.00 to 3.30 now, wipe out Rm2bil valuation in share price after buy over Empire US casino. I strongly believe current low price of PE 10 + dividend payout 6%, already factor in all the bad news + moving OTP to be open soon in next 4-5 mths with Visit Msia 2020, more visitors foreign tourists arrival for this year. The business ripple effect and profit will be massive.

Just patience is the key now. Big opportunity to collect if has patience.

It's really truth, what gaming analyst site visit reported is true. From youtube video by 23th Nov 2019, it already started fews roller coaster test rides at Nov time frame. . I dont see any major construction development in Outdoor theme park, all are Done. Now, pending final test rides before soft launch.. Maybe can open by early or mid Q2'2020 as analysts & investor beleive.
See these youtube video for your info.

https://www.youtube.com/watch?v=KCjwE28N7lg - 23th Nov'2019

https://www.youtube.com/watch?v=FncpAkXgpho - 23th Nov'2019

Latest video Jan, 2020:

https://www.youtube.com/watch?v=bbuCkPRmElU - 3rd Jan, 2020

https://www.youtube.com/watch?v=m9BLpp0jkVk - 4th Jan, 2020

It's really truth, what gaming analyst site visit reported is true. From youtube video by 23th Nov 2019, it already started fews roller coaster test rides at Nov time frame. . I dont see any major construction development in Outdoor theme park, all are Done. Now, pending final test rides before soft launch.. Maybe can open by early or mid Q2'2020 as analysts & investor beleive.
See these youtube video for your info.

https://www.youtube.com/watch?v=KCjwE28N7lg - 23th Nov'2019

https://www.youtube.com/watch?v=FncpAkXgpho - 23th Nov'2019

Latest video Jan, 2020:

https://www.youtube.com/watch?v=bbuCkPRmElU - 3rd Jan, 2020

https://www.youtube.com/watch?v=m9BLpp0jkVk - 4th Jan, 2020


Happy Investing!

Be patience... GENM price is almost 10years old price. Compare to last 10years, GENM had transform into world-class integration Theme Park resort with Fox-century with high-end facilities, new rides, new hotel facilities, customer service etc.. i believe time will comes for this year 2020 once OTP open in middle this year. There is an expectation that it could be OTP open earlier than July'2020. Some rides are already being tested as per gaming analyst who made a site visit. It will be star GEMs stock in 2020 soon.

Here are posted news report from analyst & The Edge... good to read it for knowledge.

https://klse.i3investor.com/blogs/Genm_VisitMsia2020/2020-01-13-story-h1482151063-Does_GENM_worst_is_over_bottom_out_Is_GENM_Gems_for_Golden_year_in_2020.jsp

The worst is over, share price bottom out... LKT start to collect shares now.. Dont miss this golden opportunity!... Which one is cheaper? GenM or Genting or both?

https://klse.i3investor.com/blogs/share123/2020-01-11-story-h1482125028-Why_Lim_Kok_Thay_so_bullish_in_Genting_Berhad.jsp

Actually GENM starting test since Nov 2019. Hope can complete ahead of schedule by early Q2'20.

Genting Outdoor Theme Park Rides Latest Update

https://www.youtube.com/watch?v=FncpAkXgpho

Genting Highlands Outdoor Theme Park Completing Soon! - Progress Dec 2019.
Everything is ready, pending for final test ride, then ready to Go!

https://www.youtube.com/watch?v=l0-F1MUisNk

That's right. Just buy and patience wait.. Year 2020 will be ultimate gem for 2020.

in term of core business, its business growth is predictable, business growing, has theme to growth, stable & sustainable coming earning profit, valuation is cheap and undervalued. The best is the next 6mths will see it true color of business growing once OTP open. Most important, its share price vs safety margin is secure, protected with this low price. Can sleep well and have peace of mind. We never know when big fund will come in, but one thing for sure.. a good sustainable & growing business, it will shine bright in matter of time come. Be patience!

i believe worst is over for GENM. Share price had bottom out, slowly will climb back up as times goes. Reward vs Risk is very high especially when OTP open in July 2020 as scheduled. If announce earlier than that.. it will be a fast rebound stock in year 2020.

Hope the best! Big opportunity to join now since GENM is way undervalued PE 10, proven mgmt, 6% dividend payout, has theme for market sentiment to growth big, big visitors tourist for coming Visit Msia 2020 with upcoming outdoor theme park.. Empire US casino new mgmt restructuring done for better future, core business EBITDA turn to black, school holiday at Nov/Dec + coming CNY celebration holiday.. i dont know what is the risk beside expected provision for Empire US casino which already factor-in in current share price already. Drop from 4.00 to 3.10, now back to 3.26.. Big opportunity for year 2020 & moving many years to come.. stable, persistence and proven mgmt, blue chip counter.. what else we want ?

Everything on Track for GenM. Hope the best for past Nov/Dec school holiday + coming CNY celebration.

A Friday note from Samuel Yin Shao Yang, analyst at Maybank IB Research, said third-quarter and first-nine-month performance of Genting Malaysia had “outperformed” the institution’s expectations “largely due to higher-than-expected VIP win rate.”

The group’s non-gaming business at Resorts World Genting grew by 36 percent, “as the introduction of more attractions” at the complex “continues to be well received,” said Genting Malaysia’s press release.

In the reporting period, the group also recorded a reversal of provision of MYR101.4 million “following the settlement of the litigation associated with the outdoor theme park” at the site.

Tushar Mohata and Alpa Aggarwal of brokerage Nomura said in a Friday note that the outdoor theme park opening date remained scheduled for the third quarter 2020.

Referring to an expected acquisition of a 49 percent stake in U.S.-based casino operator Empire Resorts Inc by Genting Malaysia and other interests controlled by the Genting conglomerate’s founding family the Lims, the Nomura team said that “losses from Empire will affect [Genting Malaysia's] financial-year 2020,” but the theme park opening at Resorts World Genting in Malaysia “should lead to a solid financial year 2021.”

Mgmt restructuring change in US. Genting gets ex-Wynn exec DeSalvio for NY operations

Dec 17, 2019 Newsdesk Industry Talk, Latest News

Genting gets ex-Wynn exec DeSalvio for NY operations
Malaysia-based gaming conglomerate Genting group has appointed Bob DeSalvio (pictured) as president of Genting New York state, where he will oversee operations of the group’s two casino resorts there: Resorts World Catskills and Resorts World Casino New York City.

The Monday announcement was the first major move since the operator of Resorts World Catskills – Empire Resorts Inc – was acquired in November by entities controlled by Malaysian gaming dynasty the Lim family. According to previous regulatory filings, the move was part of an exercise to take loss-making Empire Resorts private.

Mr DeSalvio stepped down in October as president of Encore Boston Harbor, fewer than five months after the opening of Wynn Resorts Ltd’s newest property.

Monday’s release quoted Lim Kok Thay, founder of the Genting group, as saying: “Bob DeSalvio has a proven track record creating and implementing successful marketing and growth strategies in the gaming and hospitality industries.”

Mr Lim added: “Bob’s operational expertise combined with his unique ability to recognise industry trends and adapt to fast-evolving consumer demands will help accelerate growth at Resorts World Catskills and Resorts World Casino New York City.”

Before Encore Boston Harbor, Mr DeSalvio spent eight years as president of Sands Casino Resort Bethlehem, at the time part of Las Vegas Sands Corp’s portfolio.

According to the release, Mr DeSalvio also served in executive marketing roles for more than 20 years in several casino properties across the United States.

The statement also quoted Mr DeSalvio as saying: “Resorts World Casino New York City and Resorts World Catskills represent the future of gaming and hospitality in New York State … It’s an honour to join Genting, which has proven, with the success of Resorts World Casino New York City, that gaming in New York is full of untapped potential, and I am excited to be on the frontlines of the action.”

Ryan Eller, who served as chief executive of Empire Resorts, will step down following a brief transition period, according to the release. Edward Farrell will continue in his role as president of Genting Americas Inc, and will assist Mr DeSalvio with the integration of Resorts World Catskills into Genting’s operations. Scott Molina will remain president of Resorts World Casino New York City, reporting to Mr DeSalvio, said Genting.

War US-Iran seem subsided now. In peace and calm talk now btw them. Oil price and gold price get back low and subsided now.

"Oil prices shed gains as alarm over Iran rocket strike fades - for now"

https://www.investing.com/news/commodities-news/oil-surges-after-iran-attacks-us-forces-in-iraq-wti-at-around-65-2054565

War US-Iran seem subsided now. In peace and calm talk now btw them. Oil price and gold price get back low and subsided now.

"Oil prices shed gains as alarm over Iran rocket strike fades - for now"

https://www.investing.com/news/commodities-news/oil-surges-after-iran-attacks-us-forces-in-iraq-wti-at-around-65-2054565

TIme to collect now.. Ewint already had sign to climb back up.. EPS earned 2.77sen last Qtr, Forward PE is less than 6 right now. Plus this yr giving out dividend, TP can hit 1.30 catching up with Ewint. Regret if not buy now when it shoot up high.

In middle this year 2020, once OTP open.. those who sell GENM now.. will totally regret in their whole life! Normally small, newbie retailer investor try time for small pocket money, hope to out at highest price & buy at lowest price, think smart enough try to beat market... but end up buying at higher price at later days.. Never learn the lesson in life. In and out, lose to admin transaction fee charges + lose money in longer term.

Opportunity to collect.. Think medium to long term goal.. Huge opportunity if has strong persistence for 2020 growth. Last Qtr result Q419 net profit earning RM118mil with EPS 4.9sen, unbilled sales of RM5bil+, almost zero development & construction cost in London BtR properties, pending handover only.. Short to Med term 6mths down the road, can hit beyond 1.50+. . For now, currency GBP vs RM is 5.39.

If anyone go to Genting last Nov & Dec, you sure impressed with many visitors there. Coming CNY this Jan & Feb, sure more visitor and tourists will go to Genting to fun. Drop from 5.00+ to 3.30 wiTH PE10 , divident payout 5%, Tourism 2020 theme + coming outdoor theme park coming by mid year July, this is way cheaper to collect now for big growth in 2020.

Just be caution on Inari, from Wall Street journal, why Broadcom want to sell RF wireless division, it purely expected the revenue next year prediction 2020 will down by Half from $1Bil sales to $500Mil. Just trade cautionary.. Expected RF industr in low for year 2020, no others silicon vendor want to buy, that why Apple have to absorb the RF division business for supply continuity...
Inari business is overly rely on Broadcom, there is a risk when to reconsider sometime!

Broadcom Wireless Chip Businesses Hurt By Underinvestment Broadcom's touch controller and wireless charging business generated $1 billion in sales in fiscal 2019. But Broadcom said it sees revenue falling to $500 million next year. The reason for the decline is the likely loss of contracts for touch controllers.

"There is unlikely to be much interest for this asset among merchant silicon vendors and it could be likely acquired by Apple, probably at a discounted price," JPMorgan said.

JPMorgan analyst Harlan Sur values Broadcom's wireless chip businesses at $18 billion in total. That includes $11 billion for the RF business, $6 billion for Wi-Fi and connectivity business and $1 billion for the remaining business.

In a report last week, Baird analyst Tristan Gerra said Broadcom's wireless businesses suffered from the company's underinvestment in research and development.

"The downside of R&D underinvesting is becoming apparent, driving the reclassification of original Broadcom's high-value wireless business as noncore," Gerra said.

That a very encouraging and promise future business growth for both Ewint and Ecoworld in year 2020. Total of more 18 active projects in with secured unbilled sales of Rm5bil+ in 2020. Plus Ewint coming to launch more few projects in 2020 + coming dividend payout.

In term of Brexit, Ewint is not worry at all as their market is target for mid market properties which saw house price recovered with high significant demand. These bring a good confidence level to investors of what moving forward years ahead for Ewint. Job well done! Hope the best in year 2020.

https://www.theedgemarkets.com/article/ecoworld-ewi-seek-break-more-records

Dont go for all in ' sai lang' ,progressive accumulate and buy as we dont know what operator will do as times goes. Must have strategies to tackle and control your investment emotional. As long as its core business is intact and growing, you wouldnt make any bad mistake or decision in longer period of time. When people sell for short profit taking, that the best time to buy their shares and keep for medium to 1 year time frame.

With good reporting result and confirmed earning is growing, that already an insurance policy on hand with good safety margin to accumulate more. That same applied to previous Armada, Dayang as well.. buy when investors unnoticed, below radar before its next earning explode higher.

@Apalumau, TP is changing number, as long as its earning is keep on growing, the TP also will revised Up accordingly. For shorter term 3-6mths, i believe it can go to 1.20 to 1.50 range period based on last EPS 4.9sen. As you know the current reported earning Q4'FY19 & Q3'FY14 delivered and handout unbilled sales of RM1.12bil of 4.9sen & 2.7sen last 2 Qtrs ago, it already accumulate EPS 7.6sen for RM1.12bil sales. By FY2020, next 4Qtrs will have RM5.8bil unbilled sales of handout revenue generated, multiple by 5x times.. that super massive earning.. it potential earning is EPS 7.7sen x 5 times = 38sen /yr in FY2020.

Assume PE = 10, that is 3.80 share price. To be on safe side, assume PE 7, that is 2.66 share price in FY2020.

I dont know when it share price can hit 2.66, but one thing certain... it can hit the price range based on core earning business achievable result. PE 7 is not too aggressive, even if over.. set to PE 5, that also 1.90 share price if on more conservative investment style.

Buy or sell is up to individual, I just highlight that Ewint has a great potential of Ewint can go up in FY2020. Ewint mgmt alredy stated clearly, the unbilled sales alredy have more 90% tenant, owners confirm to hand over by FY2020. Almost near to 100% confirm the profit is on the way to your pocket, just be patience and let it grow as time goes in 2020. If one year also cannot wait for >100%+ gain, then i dont know what to invest in this world? still need to fear off for already confirm revenue & profit come in 2020?

Yes.. I enter Ewint at 70 to 75 sen. I add more at 80 to 85 sen. I also add ard 95 to 1.00 when Qtr Q4FY19 result out impressive. Averaging up, it OK as long as it core business earnings and future earnings is forseeable, growing, predictable and sustainable.
Of course, I dont recommend people to buy or support the price. Investment is based on common sense and investment strategies. Then the next action plan is be patience, persistent and keep on monitoring.
I practise the same method on last time Armada when I buy 20sen, then average to 25sen..earn 150%+ on larger amount return investment. Also I do earn handsomely on Dayang and Penergy when it was below 80sen and 70sen respectively, keep it for 6mths.. Then big return when it rebound big.
Be patience, aim for medium to longer term then only u can gain double ot triple digit% return.
Buy and sell in very shorter term or speculative, earn few to thousands ringgit , wouldn't make u richer or financial freedom in longer term.

Ewint, if investor look for fews mths to 1 year time frame, the explosive core business earning is super big to capitalize. With almost zero development cost + massive confirmed earning flowing into Ewint of unbilled sales of RM5.8bil revenue as of end-Oct 2019. That's mean explosive of revenue come for RM5.8bil in year 2020, more handover of London (LCI, Embassy Garden, Wardian, West Village & Yarra.

With reported financial result Q4'FY19 of RM118mil (EPS 4.9sen), properties handover of RM1.12bil + more expanding Ewint presence to areas outside London like Manchester & Birmingham, currently pending securing UK government consent, going to launch in FY2020.... then why on earth we still so worry about? No doubt, small fluctuation of share price is unavoidable for very short term period, but just because want to save fews cent but potential to loss of 70% to 100% gain in 1 year period? For me, that kinda silly math in term of investment risk vs reward not to take? No one can ever buy at lowest price all the time as we are not GOD... but if you miss the game, then sorry you are out of the investment game for the massive potential gain in year 2020.. Figure the math, risk vs reward... who have the upper advantage or weight..

Today trade 1st half session volume transacted is low, only 10k lots vol done on small lots gap vs price different. More like swapping shares & accumulation mode to me. Good forward future earning business Ewint in 2020, big shark cannot do much to press the price down, later another big shark 'sapu' all their shares when price is way cheap to buy in.

RainT... I believe you does not understand the core business fundamental & its future potential earning for Ewint. You purely look on TA side alone, not looking as of why it last Q4'FY19 was superb fantastic result. Better read more on its financial report, its has 2 full page future earning guidance, try to analyze it and then you will notice it full potential what Ewint can be in 2020.

RIght now, its currency rate still hold within 5.40 range, same as Q4'FY19 financial report.. still can earn RM 118mil with EPS 4.9sen based on RM1.2bil sales order. Dont forget, it already finish spend and completed its building expenses on UK properties, that mean almost zero for development cost. I see this as an opportunities to collect , once fund mgr finish accumulate.. it will used small amount of money to pump in big to push the price up. Share price drop is an opportunity to collect if investor looking forward for better future in year 2020.

I find this is a golden opportunity to collect Ewint at current low price. As what Icon8888 highlighted, last 3 year ago, IPO price was 1.20, hold by top 3 big owner Tan Sri Lee, Hong Leong Mr Quek and EPF, and it required 3 years to complete finish build the UK properties.
Now alrdy finish build, waiting for to pass the house key to respective tenants, owner to collect sales revenue. The best is this BtR Build to Rent is a recurring revenue income generation, similar like Reits concepts, consistent income generation over the years. With coming Rm5bil unbilled sales revenue goin to complete by year end 2020, that is a huge wealth opportunities for Ewint in 2020.
Fyi, last 2 Qtrs on FY19 revenue stated delivered Rm1.2bil, alrdy gain last Q4 FY19 of R.m118mil net profit (EPS 4.9sen), if times by another 5 times for FY2020, that an explosive net profit gain for Ewint in year 2020. You can calculate its potential and see it huge big opportunities for year 2020 especially for share price appreciation.

One more thing, with it BtR recurring income, its has transformed to Reits sustainable income generation, if marker like it and revise Ewint business to Reits business model, then it PE will revised to PE 18 to 20 since it sustainable, stable and predictable.

Even not factor in, under current method it also can hit 2.00 or more if you can calculate its potential based on PE 8 for a FY2020.
Do the math, then u see it huge potential gain in future.

If current UK PM Boris Johnson won UK elections, it will bring stability and economic investment assurance, confidence to foreign investment and end the Brexit fiasco. This will boost big investment and GDP economy to UK in 2020. Good sign for Ewint in year 2020, further boost is properties and business in UK with strong sterling currency moving forward to year 2020.

The Telegraph
PREMIUM
If Boris wins a majority, prepare for the British economy to boom
share
With the threat of a Corbyn government removed and Brexit uncertainty lifted, the UK economy will grow more quickly than any other in the G7
With the threat of a Corbyn government removed and Brexit uncertainty lifted, the UK economy will grow more quickly than any other in the G7
Howard Shore
11 DECEMBER 2019 • 3:10 PM
To continue reading this Premium article
View on The Telegraph website
Analysts trying to predict the UK’s economic outlook for 2020 face two huge unknowns: the outcome of the General Election and whether our current Brexit paralysis continues or comes to an end in January.

The economic possibilities resulting from these two unknowns range from the UK being on course to have one of the fastest growing economies in the G7 in 2021, to us having a severe recession.


If, as I expect, the General Election delivers a majority for Boris Johnson, this will produce a huge boost for the UK economy in 2020, because it will provide businesses with clarity and remove the economic uncertainty which has beset us thanks to the double-whammy of a sclerotic hung parliament and the threat of a Jeremy Corbyn-led government.

All the problems and obstacles that the current Government has encountered to getting Brexit done have had a massive dampening effect on investment decisions and have also hit consumer confidence. Consumers are behaving as if we are about to enter a recession because they have been sensing economic uncertainty.

A clear Conservative majority will remove the cloud of uncertainty hanging over the UK economy. With the passage of the Withdrawal Agreement in the New Year, and our departure from the political structures of the EU by 31 January 2020, certainty will be restored and a big economic boost will follow. This will come from a wave of foreign investment, as well as domestic business leaders signing off investment plans which have been put on ice for the past three years, both of which will contribute to a rise in mergers and acquisitions activity.


This boost will be further solidified when the Government negotiates a successful trade agreement with the EU in 2020 and puts in place new trade deals with countries around the world that were previously less accessible from the EU’s Customs Union.

These new trade deals should cover the UK’s world-class service sector, as well as manufacturing. Twentieth century WTO rules are outdated and the UK should make it clear to potential trade partners – particularly the EU – that in return for full access for goods, we expect full access for services, so long as there is regulatory equivalence when providing particular products into that particular market.

Of course, UK manufacturers and services providers should comply with EU regulations when exporting into the EU, but this does not mean that the EU should control the regulations for goods and services consumed in the UK or exported to the rest of the world. Regulatory alignment should only cover exports to the EU. This is the essence of taking back control.

Another economic boost will come from the increase in government spending. The markets trust the Chancellor, Sajid Javid, to look after the nation’s finances carefully and make sure the extra money is spent wisely. As well as additional infrastructure spending to ensure the UK is properly joined up, one would expect further steps to build on our success in the fields of science and technology, as well as other service sectors. This should include investing in human capital and introducing a new visa system to ensure the best and the brightest can study and work here. One would also hope for lighter touch regulation to unleash the full potential of SMEs who employ the majority of the private sector workforce.

Added together, these developments mean that the UK could have the highest economic growth of all the G7 countries in 2021.


Looking at the latest figures in the IMF’s World Economic Outlook database, from October 2019, the UK is already predicted to have higher growth (1.4 per cent) in 2020 than France (1.3 per cent), Germany (1.2 per cent), Italy (0.5 per cent) and Japan (0.5 per cent) in 2020, with only Canada (1.8 per cent) and the US (2.1 per cent) ahead of us.

https://www.google.com/amp/s/www.telegraph.co.uk/news/2019/12/11/boris-wins-majority-prepare-british-economy-boom/amp/

Outstading result both Ecoworld + Ewint. Ecoworld is way undervalued vs Ewint, the opportunity is big... Buy more Ecoworld when price is still low. NTA 1.54, half price to buy Ecoworld now.. !!!

For those who have not buy Ecoworld, still have huge potential gain to hit beyond 1.50+ by 2020. Potential Ewint share price goes high, benefit Ecoworld with 27% holding.
If coming Qtr announce dividend payout, then confirm year 2020 is another best year for Ewint, then spill over to Ecoworld as its is super undervalued vs Ewint now.

https://klse.i3investor.com/blogs/MingK/246517.jsp

If investor look beyond 2020 on its core business fundamental and earning, Ecoworld easily can hit 1.20 to 1.40, that 100% gain.. That's alot for next year.

Tmr another share price hike for Ecoworld. Will hit 0.80sen since Ewint alrdy exceed 1.03 share price. Dotn miss the big opportunity.

Ecoworld 'best year' chairman for FY19.

https://www.theedgemarkets.com/article/fy19-ecoworlds-best-year-%E2%80%94-chairman

We all should buy Low, sell High. Play very short term and emotional not intelligence, most of novice and retailer investors lose money in share market for longer run. MyEg alrdy moving toward expansion to others 3 big highly population countries Philippines, Indonesia and Bangladesh.
Philippines joint venture with local for e-government started alrdy, future prospects is so big, yet still many novice or speculator investors still play very short term in out game.

If suddenly shoot up, then chase at higher price. Then more like buy High, sell Low practise, at the end lose money. Be a smart investor

@Ongth60
Thanks for sharing your input.
Even if Hibiscus mgmt goes for purchase more asset though capital spend to expand their production capacity to 20mil barrels, they still have Rm175mil free cash flow + restricted Rm75 mil reserve park in UK, some a zero debts company. They can easily able to borrow money from bank since no debts. I don't think they will ask for investor via capital raise.
The only major factor they unable to control is oil price fluctuations.

There is a good news here. Oil price is rebound, it is in good trend since Saudi Aramco is going to list this Dec. OPEC and Russia probably will agree to oil production cut for 2020.

https://www.investing.com/news/commodities-news/oil-jumps-almost-3-as-saudis-float-cuts-message-before-opec-2025627

Hibiscus current Qtr 1st report drop due to 1mth maintenance shutdown from end June till mid July, cause it oil production yield drop + OEE efficiency drop as well. On top of it, lower oil price and deferred tax cause it to further drop. Also hibiscus spend alot of Capex to expand its oil production facilities to improve its current oil production volume of 7.6mil barrels oil to 20mil barrels oil in 2021.
That's a 150% gain from now till 2021 if investor look for longer term in next 1yrs+. By analyst, it was expected to be a loss - ve Qtr report due to maintenance shutdown and lower oil price, but it come to slightly surprises on +ve EPS gain.

Future guidance look positive moving forward.
Here is the video youtube link for view.


Hibiscus 1st Qtr report Sep2019

https://youtu.be/DdY6BaarfL0