a good article.....
http://klse.i3investor.com/blogs/kianweiaritcles/43909.jsp

A Good article......
http://klse.i3investor.com/blogs/kianweiaritcles/43909.jsp

OSK...

More about QE....read from this link........
http://www.marketwatch.com/story/what-fed-tapering-means-for-you-2013-12-18

WELLCAL FA analysis by LC Chong.........
http://lcchong.wordpress.com/2013/10/28/wellcalfundamental-analysis-27-oct-2013/

Ya, received the dividend!

Good Morning....Hepi/PSD57/Mike/FT/: I wish you Happy Chinese New Year!...Throughout this year bring us more wealth and health!.....Happy trading on 04th, Feb,2014!.

FA good counter for 2014....refer the link
http://klse.i3investor.com/servlets/pfs/27592.jsp

Psd57 thank you for your analysis the result very positive another thing they go for share split in 26-feb
http://lcchong.files.wordpress.com/2013/10/wellcal-q3-2013.xlsx

div. 5% declared...ex-date 28-03-2014!

Wellcal annual report end of 2013...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1530173

Iris director disposed 1million shares
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1530197

Mike: I am also bought iris @0.395sen. Thanks for your info Gpacket I also exit yesterday itself. no loss but only charges paid!

BURSA MALAYSIA TRADE STATISTICS - 29 JAN 2014
Participation (%) Bought(RM m) Sold(RM m) Net(RM m)
Institutions 55.3 1,025.3 899.5 125.8
Retail 18.5 324.3 318.2 6.1
Foreign 26.2 391.5 523.4 -131.9
Total 100.0 1,741.1 1,741.1 0.0

Today Star Biz news....

MRCB to sell building for RM750m

Proposed disposal of Plaza Sentral sets to turn it into single largest shareholder of Quill Capita

Malaysian Resources Corp Bhd (MRCB) has inked an RM750mil deal to sell its Platinum Sentral office building in KL Sentral to Quill Capita Trust Bhd.
Yesterday’s announcement confirms a report by StarBiz earlier this week.
The transaction, said to be the first of its kind in the country, sets up construction-cumproperty developerMRCB to be the single largest shareholder of Quill Capita Trust, as well as the owner of its management vehicle.
The heads of agreement (HOA) was signed yesterday. Quill Capita Trust, an office-based real estate investment trust (REIT), will pay for the building with RM486mil in cash and RM264mil in new Quill Capita Trust units at RM1.32 apiece, both companies said in filings to the stock exchange.
Quill Capita Trust intends to fund the purchase using borrowings and the issuance of new units.
Platinum Sentral consists of five blocks with four-to-seven stories of commercial buildings housing office-cum-retail space, a multi-purpose hall and two levels of car parks.
Its office space, with a net lettable area of 450,000 sq ft, is 100% occupied, although its 79,000-sq-ft retail portion is only 20% occupied, according to HwangDBS Vickers Research.
MRCB has also agreed to acquire 41% in Quill Capita Management Sdn Bhd (QCM), the vehicle that manages the REIT, from CapitaLand RECM Pte Ltd and Coast Capital Sdn Bhd, both at a multiple of 10 times the profit after tax of QCM for the financial year ended Dec 31, 2012.
Meanwhile, Quill Resources Holding Sdn Bhd, one of QCM’s existing shareholders, will take up an additional 9% stake from Coast Capital, also at 10 times price-to-earnings.
If the deal goes through, then CapitaLand RECM and Coast Capital stand to gain RM5.74mil and RM1.43mil for their equity in QCM, respectively.
All parties have 30 working days to sign the definitive sale and purchase agreement.
CapitaLand RECM is related to Quill Capita Trust’s Singaporean shareholder CapitaCommercial Trust, which currently holds a 30% interest in the REIT, while Coast Capital is a bumiputra party. Quill Resources Holding, meanwhile, is a unit of the Quill group.
In a statement, MRCB group managing director Datuk Mohamad Salim Fateh Din said the HOAwould help generate dual income streams via dividends from Quill Capita Trust and the management fees from its stake in QCM.
The move is in keeping with the strategy to establish a listed platform that would enable MRCB to monetise its future investment properties in exchange for tradable and liquid securities.
MRCB is expected to emerge as a 30% shareholder in Quill Capita Trust once the exercise is complete. The REIT will also see its asset base balloon to RM1.5bil.
HwangDBSVickersnotedina report released before the announcement of the exercises that depending on the terms, the injection of Platinum Sentral into Quill Capita Trust could be earnings accretive for the latter.

Congrats psd57 & mike. I need to learn lot of things from you about buying and selling stocks

Gongsi fa chai!

Mrcb another announcement
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1528905

Mrcb announcement ....
http://klse.i3investor.com/servlets/anpth/966976.jsp

Tomorrow fly......good news
http://klse.i3investor.com/servlets/anpth/966976.jsp

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1528905

Mike bro: Why MRCB Controlling.....any idea...

Tomorrow start uptrend .....

Emerging markets as vulnerable to contagion as ever......
http://www.reuters.com/article/2014/01/27/us-emerging-contagion-analysis-idUSBREA0Q1G420140127

Mike bro: thanks

Hepi Bro Goodmorning: How is MRCB Can in today...

Today also bursa correction mode due to many counters overbought situation.....may be market drop further!

Divdn 5.61 sen.....
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1526929

Tomorrow Bursa bounce back....

MAICA ..... how

Mike Bro: thanks for your kind advise....it's good. I am going to keep! happy trading today....

Mike bro: I have iris can I hold until feb or thro today!

RHB Research upgrade CMMT....
http://www.thestar.com.my/Business/Investing/2014/01/24/rhb-researhc-upgrades-CMMT-to-neutral-from-sell/

CLSA Feng Shui Index 2014 - Year of the Wood Horse Chinese version......
https://www.clsa.com/special/FSI/2014/CLSA-Feng-Shui-Index-2014-(Year-of-the-Horse)-(Chinese-version)-20140122.pdf

Fed wanted to taper 'cautiously' on 08-01-2014......
http://money.cnn.com/2014/01/08/news/economy/fed-minutes-taper/index.html?iid=SF_BN_LN

I feel tomorrow temporary correction in KLSE then rebound!!!. QE Tapering not much impact the stocks....only people sentiment impact the stocks.....hehe...

mike bro: I think this is the link...
https://www.clsa.com/special/FSI/2014/the-index.cfm

HOVID: Good counter for 2014. FA good...if drop below 0.30sen tomorrow can by for long term 2014,2015,2016. they try to get pattern rights.... read full story here...
http://www.btimes.com.my/Current_News/BTIMES/articles/10HOVID/Article/

Ayam Tua...quiet long holiday after seeing you in this forum....hehe....
you visit to another blog....our team all there.....
http://klse.i3investor.com/servlets/discuss/608510.jsp

Ayan Tua came back from holiday.....interesting to read his writing....hehe..
http://klse.i3investor.com/servlets/cube/post/ayamtua.jsp

General info... from STAR BIZ news.....

MSWG calls for a closer look at some of the latest privatisation deals

KUALA LUMPUR: TheMinority Shareholders Watchdog Group (MSWG) says that certain privatisation deals may be of benefit to certain shareholders who have beenwanting to cash out for a long time but have not had the opportunity to do so.

“A privatisation can go bothways; it can be good and it can be bad as well. The good thing is that it can raise a company’s price and give a good exit offer for minority shareholders to take advantage of, which otherwise would be quite stagnant,” MSWG chief executive officer Rita Benoy Bushon told StarBizWeek.
“But while stating this, it also means that the company is going to be delisted. Minority shareholders who have been with the company for a long period need to be given a fair exit offer for leaving a company that is been doing well,” said Rita.
She noted that a privatisation process that included a share-swap option with a “cash-now” option would be more preferable to shareholders.
“At least, at that point of time, I could get a swap rate, say, with IOI Corp Bhd. And at the time the company is set to be refloated, the previous shareholder would still be there to ride through it. This is different because you have a swap and an ability to choose,” Rita explained.
Rita commented that several latest privatisation deals, namely, the ones pertaining to Triumphal Associates Bhd (TAB), Perak Corp Bhd (PCB), Kian Joo Can Factory Bhd (KJCF) and Padiberas Nasional Bhd (Bernas) needed to be scrutinised further in terms of value and their future prospects.
“If you’re privatising now, then you are disallowing the minorities to reap any future benefits. So, in this sense, this matter should be more stringent with the asset and liability method being the weakest link,” she pointed out.
“Some of these companies need a revaluation of their land and assets first. Some of their intrinsic value was less than their offer price, and our point of view is that it should be rejected. But finally, it really does depend on the minority shareholders and their expected return profile,” she said.
Disinterested shareholders in the case of TAB would get to vote for or against the resolution at an EGM that will be held on Feb 12. Golden Power Holdings Sdn Bhd, along with persons acting in concert, who already hold about 69.4%, are proposing to privatise TAB by way of a selective capital reduction (SCR).
Where PCB is concerned, meanwhile, its 52.9% interested shareholder - Perbadanan Kemajuan Negeri Perak, Fast Continent Sdn Bhd, Cherry Blossom Sdn Bhd and Perak Equity Sdn Bhd - has proposed to undertake a privatisation of the company via an SCR.
While for KJCF, Aspire Insight’s shareholders – the Employees Provident Fund through Ekuiti Merdu Sdn Bhd and Alleyways Sdn Bhd (majority-owned by Freddie Chee Khay Leong) – has proposed to take the company private by acquiring its assets and liabilities at RM3.30 per sharewith the entire acquisition tagged at RM1.46bil.
In the case of Bernas, its joint-offerers and persons acting in concert (JPAC), namely, Perspective Lane (M) Sdn Bhd, Kelana Ventures Sdn Bhd, Seaport Terminal (Johore) Sdn Bhd, Acara Kreatif Sdn Bhd and Tradewinds (M) Bhd, who own a cumulative 83.69%, have proposed to delist the company from the stock exchange.
The JPAC have proposed a cash consideration of RM3.70 for the remaining shares they do not own. Bernas’ shareholders will decide on the matter at an EGM that will be held on Jan 27.

Mike bro: thanks friday IRIS in .395 and out at .41 got small angpow. I hold homeriz and cmmt for contra.. nextweek...

HOMERIZ also consider for contra play.... Mike: what is your opinion...

I was not include TA for silkhld RSI > 92% and Stochastic Oscillator signal overbought situation. Sorry for the incomplete info....

Monday don't enter SILKHld.....be careful...
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1525041

Hepi bro: thanks I am watching and side line!

hepi bro: silkhld how is the trend tomorrow...

From Star Biz news..

Ekovest buys remaining 30% of highway concession for RM230mil

From page 1 PETALING JAYA: Malaysian Resources Corp Bhd (MRCB) is divesting its 30% stake in the concessionaire of DutaUlu Kelang Expressway (Duke) to Ekovest Bhd for RM230mil in a cash deal, sources said.

Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd is the concessionaire of Duke.
The deal is expected to be completed by the end of this month. Sources said MRCB held its board meeting yesterday and approved the sale of Duke.
These are among some of the few “monetising” deals by MRCB that will take place over the next couple of weeks.
These deals will not only pare down the company’s debt but create recurring income, in line with the direction taken by MRCB group managing director Datuk Mohamad Salim Fateh Din after he took control of MRCB. MRCB shares closed the day up six sen to RM1.50.
“The price tag of RM230mil for Duke translates to a valuation of approximately 19 times enterprise value (EV) to earnings before interest, taxes, depreciation and amortisation (EBITDA), which is in line with recent toll acquisitions,” said an analyst.
Back in 2010, UEM Group Bhd and the Employees Provident Fund had acquired PLUS Expressways for RM23bil or RM4.60 per share.
“When PLUS Expressways was privatised, the valuation was also around EV/EBITDA of 20 times,” said one property analyst.
The move to sell Duke is in line with what MRCB has been saying, which is to hive off its non-core business.
MRCB has long-term borrowings of RM1.62bil and short-term borrowings of RM716mil, and a senior and junior sukuk worth RM1.06bil. It has a debt-to-common equity ratio of 234.4%.
Ekovest is the 70% owner of Duke via Wira Kristal Sdn Bhd. The owners of Wira Kristal are Tan Sri Lim Kang Hoo and Datuk Haris Onn Hussein.
Back in 2012, Ekovest had bought a 70% stake in the 18-km Duke under an RM325mil share-swap deal.
Under the deal, Ekovest issued 126.72 million new shares at an issue price of RM2.75 each in return for a 100% stake in Wira Kristal. Wira Kristal owns 70% of Nuzen Corp Sdn Bhd, which has a 34-year concession of Duke via its wholly-owned Konsortium Lebuhraya Utara-Timur (KL) Sdn Bhd.
Wira Kristal became a unit of Ekovest after it completed the share exchange with Ekovest in May last year.
More recently in December, Ekovest, via 70%owned Kesturi, was appointed the master contractor for the RM1.18bil phase two of Duke.
The contract is for three years and is expected to be completed by end-2016.
Ekovest said the job scope included the design, supply, installation and maintenance of tolling or other equipment for the phase.
Ekovest closed the day unchanged at RM2.83.

Mike Morning: TAFI Dato Saw Eng Guan accquired 3mln shares acquired on 20-01-14

Hepi bro: GHL how tomorrow....!

Hi hepi bro: tomorrow uptrend... But be careful for contra