Gkent and gamuda project abit different
Gamuda is much more bigger company and has many projects
But both doing LRT

Gamuda now flying ..

Lrt is the only project not stopped because of benefits to the ppl and middle man..
To get Lrt project must be well connected..
Without Lrt they still got regular business and cashflow enough to pay some dividends although small dividend but net profit is growing

Rebounding !

Please read what Tun have to say on the current "najib crisis"... http://chedet.cc/

It will rebound soon.. No need to panic
The current "najib crisis" is due only one person
So if this pm resigned the market will go back up

George kent will likely ride the current rebound

Supermax the #2 glove producers in the world (after top glove) shld trade higher soon .. As its only up < 10 % , compare to kossan , top glove, harta which nearly doubled ..
So just keep an eye on it folks :)

Supermax is still very cheap if compared to top glove and kossan which their price have doubled ... Expect more buying activities ahead ...

Where is tony Fernandez now ?
Is he really piloting the plane or already parachute out

I would think if ringgit continue to drop , airasia will lose a lot
As its earning mostly ringgit but debt has to pay in dollars

Tony Fernandez need to come out and make a statement that this airline is really ok
Else people will think there is problems with its accounting
It's best if he can compensate those who lost money in buying airasia

airasia going down below $1 soon - many cut loss as foreign funds exiting
Now do you believe airasia will drop to around 90 sen ?
Looking at the airline its in crisis

Since this crisis mainly due to one person , if he resign maybe market will go up by 100 points ?

http://www.sarawakreport.org/2015/07/oh-no-jho-low-scoop-photo-tells-all/

Source : http://www.thestar.com.my/News/Nation/2015/07/04/WSJ-claims-RM267bil-deposited-into-PMs-accounts/


KUALA Lumpur: The Wall Street Journal (WSJ) reported that Malaysian investigators had traced nearly US$700mil (RM2.67bil) of deposits into what it believes are personal bank accounts of Prime Minister Datuk Seri Najib Tun Razak.

It alleged that government probe documents showed movement of cash among government agencies, banks and companies linked to 1MDB before it ended up in the accounts.

WSJ reportedly reviewed documents including bank transfer forms and flow charts put together by the investigators, reflecting their understanding of the path of the cash.

According to the journal, investigators identified five separate deposits into the accounts which came from two sources.

The largest were two deposits of US$620mil and US$61mil in March 2013 from Tanore Finance, a company registered in the British Virgin Islands prior to the 13th general election.

The cash was allegedly transferred via a Swiss bank (Falcon Private Bank in Singapore) owned by International Petroleum Invest­ment Co (an Abu Dhabi state fund) to an account in AmIslamic Bank branch in Kuala Lumpur (allegedly owned by Najib).

Another set of transfers, totalling RM42mil (US$11.1mil), was alle­gedly from SRC International Sdn Bhd, an energy company originally controlled by 1MDB but transferred to the Finance Ministry in 2012.

The money supposedly moved through another company, Gandin­gan Mentari (owned by SRC International) and then to Ihsan Perdana Sdn Bhd (which provides corporate social responsibility programmes for 1MDB’s charitable foundation) and finally to Najib’s personal accounts in three separate deposits.

SRC International allegedly transferred RM40mil on Dec 24 last year to Gandingan Mentari which on the same day wired the money to Ihsan Perdana.

Ihsan Perdana wired RM27mil and RM5mil in two separate transfers to two different bank accounts owned by Najib.

In February this year, RM10mil supposedly entered the Prime Minister’s account, also from SRC International via Ihsan Perdana.

Remittance documents do not name Najib as the beneficiary but detailed account numbers at a branch of AmIslamic Bank Bhd in Kuala Lumpur.

Two flow charts from the investigation name the owner of the accounts as “Dato’ Sri Mohd Najib Bin Hj Abd Razak”.

The next thing - MARGIN CALLS

Airasia is the next noble
It's highly geared & got bad news
Shortsellers like this type of 1/2 cooked counters with possible accounting fraud

Target at around ~$1.00
Now is still very expensive
Shortsellers plenty
EPF & foreign funds selling out in anticipation of bad news
Tony Fernandez still ok - he's rich , but for u all better keep ur money

Downtrend stock.

If the accounting scandal claimed by a report -is not answered , airasia may drop to $1 or below
This is similar with a company call noble whereby their share drop from 2.00 to 1.40 and now it's just 0.70 cents (after a research company publish a report on its wrong accounting practices)

Selling. Not done yet.. Still got hundreds of millions of shares

Tony better come out and compensate the victims
Else this share & company is going to go down along with AAX

When big players exiting , the ikan bilis all mampus
Now everyone can die

Tony Fernandez have to answer the report on their accounting scandal - else everyone will sell

There are many problems with airasia
Debt , accounting issue, fuel , usd going up vs ringgit , and budget airline business too competitive
If u look at AAX drop vs AIRASIA , Airasia can still drop to $1
as its a falling knife now

Now everyone can die.. If they believe in tony Fernandez .. Even airasiaX - many get con to buy at above $1.

If taking AAsiaX drop as the benchmark , airasia could continue to drop for months - to around rm $1

It's a falling star.

Somebody shld check if airasia break any accounting rules, and if tony Fernandez broke any laws

Looks to me felda just using up all it's cash
Once the cash runs out, it may get into trouble if the companies it's purchased does not contribute to its cashflow

It can drop to closer to 10 sen which is its starting point
So be careful

Long time back I think airasia only 90 sen a share
So still a long way to drop

U look at the oil price up, usd up, MERS- it's not a good sign for airasia and Tony Fernando

Gone case - may drp to rm 1 soon

Someone shld ban mr calvin for repeated posting
This is like throwing trash/garbage on the forum/Internet

Maybe the land is not golden.
Else the price & gains shld be much higher

Some of u r stress because of suffering losses
But u need to keep ur head sane :)

Some leaders refuse to resign for poor performance
Instead they have "heart of a warrior" to protect their own interest and family
Meanwhile the economy of the country going down hill with all these scandals

If the country is well run maybe Tun will already go away peacefully
At 90+ years old he still come out to fight for the ppl because many things this kangkung pm done is not right
If nobody say anything , 1mdb and Jho low will continue to makan the government land and do stupid deals which can't be explained rationally
We shld thank Tun for speaking out
What Tun say is right .. If we want to build a HSR train mostly in our land , why must we ask Singapore for permission ?

Our pm is a pengecut.. And has many things to hide
He is best known for being a kangkung
Support Tun Dr M !

The auditors shld also check the criminality of these transactions and who give the instructions and approval to sell this valuable asset at peanuts price
Bnm can check the money trail and flow of the billions in and out of caymen island
And find out what really happen to the missing billions

It's obvious the trx and Sg besi airbase is sold at 1/100 of the true value to 1mdb
These land belongs to the government and hence it belong to the rakyat were sold cheaply
Guess who gets the benefit from all this and where are the billions lost/unaccounted for?

Usually if cannot conclude/signoff - likely there is some big problem in their accounts
I think this company maybe going to holland soon if they cannot resolve their problems

Better sell.. I see that Australia company only worth 0.055 cents in Australia
In other words it's a micro small cap company buying a small china company

This share is quite bad and effected by the property slowdown .. Especially in Johor it's dead..

Some get caught

$15 might as well dont give dividend
Shld cancel the morning trade

Actually i think it's 1.5 sen not 15 sen ..I think those who bought will be caught unlesss they cancel the earlier trade

Looks like its coming