add on BHP to the list too

https://imgur.com/a/nSvSYD3

hav a look at the quality and standard of their so called ophthalmologist...

taxation increased tremendously due to "Over provision in prior years" (54m) and the
individual Q4 taxation (79m) also higher 2X, compared to Q3 (35m),
which drag the profit after tax down..

Taxation (total)
Q4 110.8m
Q3 36.7m

don't really understand.
anyone can share more insight on this.

either by monetising assets or anything else.
they will desperately find ways to start declaring dividend again

LTAT 33% of their AUM is over here.
how long do you think they can afford not to declare dividend?
it will be quite bad for LTAT when 33% of their AUM is not generating any return.

Golden Global was incorporated in Malaysia on 1 July 2020 as a private limited company. The
principal activity of Golden Global is in the business of original equipment manufacturing,
trading, marketing of nitrile and latex gloves. Golden Global is the registered brand owner for
gloves known as “Golden Care”.
As at 27 January 2021, being the latest practicable date prior to the date of this
announcement (“LPD”), the issued share capital of Golden Global is ((RM100,000)) comprising
100,000 ordinary shares. The SOLE director and shareholder of Golden Global is Streram A/L
Sinnasamy.

Jerasia agrees to supply to Golden Global and Golden Global agree to purchase
from Jerasia minimum of 72,000,000 boxes of latex and nitrile examination
gloves within 3 years from the effective date of the Offtake Agreement or such
further period as may be mutually agreed in writing between the parties, with
a monthly minimum volume commitment of 2,000,000 boxes throughout the
said 3 years period.

The purchase consideration of the latex and nitrile examination gloves shall be
at the prevailing average selling price of such products in Malaysia.

Yeah...
This deal sounds pretty convincing

Seem after every round there will be a new name.

I-POWER -> INSTACOM -> VIVOCOM --> ???

director can sell share on 1st day of listing??

i though he is now doing good by joinig tzu chi?

https://www.youtube.com/watch?v=hsW4MQBfEOE

"Businessman is committed to others"

https://www.facebook.com/MohdSharkarOfficial/posts/2845647692227303

"Genting Highlands masih belum dibuka memandangkan aktiviti utamanya, taman tema belum boleh dibenarkan operasinya oleh pihak kerajaan, sungguh pun begitu Genting Premium Outlet (GPO) sudah dibuka sebahagiannya."

Official statement from Pahang government exco

leonchew casino will open on 10/6.
happy?? lol

but you can't rule out possibility during some later time they can make the decision to let all entertainment outlet to operate

he can't be possibly say the sensitive word to take care the feelings of some

easy as that..
what industry is casino being categorized??

eventually it will be allowed to open.
but just not now

leonchew you have a lot of GENM share is it?

accept the fact!
somebody had shared the full speech here.

read it or ask someone translate it for you

but without theme park and casino.

just for those wanted to enjoy the weather

but their hotel should be allow to operate

maybe not till 31/8,
it might be allow to open in phase during next review.

but remain closed as of now.
the PKPB is extended till 31/8

did you hear the live broadcast?

casino and theme park remain closed as announced same with other entertainment facilities like cinema night club pub etc

till 31 august 2020

theme park and casino remain closed

major shareholder (42%++) is Equinas which is under government.
2nd largest shareholder (~8%) is under moF which is LGE himself.

so who is manipulating??

''Due to the shorter than expected contract period awarded to Pharmaniaga of only five-year, we estimate that the amortisation rate of PHIS will doubled to about RM10.0m quarterly and RM40.0m annually for the next five years from 4QFY19 onwards.''

Based on IB analyst.

so you know what comes next in the event the concession agreement is not being renewed.

goodwill 131m,
software 18.5m,
rights to supply 209m

total amounting 400.9m

"The carrying amounts of goodwill allocated to the Group’s cash-generating units (“CGUs”)

The recoverable amounts of the CGUs are determined based on value-in-use (“VIU”) calculations. Cash flows are
derived from financial budgets approved by the Directors covering a range of five-year period to ten-year period that
reflects the product lifecycle. The projections reflect management’s expectation of sales volume growth and product
margins for the CGUs based on current assessment of market share and expectations of market growth and the
continuity of the concession agreement with the government."

The key assumptions used in the value-in-use calculations are set out below:
• Business analysis – The cash-generating unit makes assumptions about the demand for these new
products under development in the market place and the continuity of the concession agreement with the
government. These assumptions are used to drive the planning assumptions for sales volume taking into
consideration the projected timing for development, testing, registration and commercialisation using a
projected long-term average growth rate of 3% to 5% (2017: 3% to 5%) per annum.
• Discount rate – In measuring the recoverable amount based on the value-in-use calculations, discount rate
of 11.60% (2017: 9.46%) per annum has been applied. The discount rate reflects the prevailing market rate
applicable to the industry adjusted for the risk of the assets.

There will be more amortizatuon coming as the PHIS system is a part of the concession contract.

So if the concession were to put under open tender, so do the PHIS system.

If the system can't perform then it will be subject to change if other vendor are able to offer a better system at an affordable price.

Try ask any PHIS system users in the gov sector their comment on this system..

According to AR 2018.

RM 1,579,231,000 of revenue comes from govt or govt related transactions.
Total revenue from Malaysian operation RM 1,636,652,000.

this makes a 96% of revenue from Malaysia comes from govt.

Meanwhile another RM 694,673,000 revenue comes from Indonesia.
However, it is not profitable, the profit for Indonesia operations is a mere RM 445,000.

In other words, it is effectively shutting down its operation if they lose the concession.

https://www.miti.gov.my/miti/resources/Notice_of_Extension_of_Time_Period_for_Making_Preliminary_Determination.pdf

Good news coming soon in 1 day.

Group Receivables
30 September 2018

RM ('000)
Current :35,155
More than 30 days past due: 32,128
More than 60 days past due: 90,918
More than 120 days past due: 116,857
Total: 275,058

The past due booming receivables is very alarming!!
87% of receivables is PAST DUE!!
How could possibly someone with a sound mind run a company like this?

The group is having negative cash balances due to overdraft.
No wonder they need a private placement so badly.

5. Menurunkan kos internet jalur lebar ke paras separuh
daripada sekarang, dan pada masa yang sama,
mempertingkat kelajuannya sebanyak dua kali ganda,
agar peluang yang lebih luas dapat dinikmati oleh anak
muda.

Post removed.Why?

lge say more "red files" to be announced soon in this few days.

who got the insider first hand info? msia fund or spore?

you think tun m love spore so much to let them know about PH gov nxt move?
jibby mayb, but not tun m.

spore pm left in less than 30 mins after meeting with tun m

those support is from bargain hunters due to the share price dropping ~80% from the peak.
Those are Very short term trader.
when price break certain point, they will cut loss at all cost.

With Anthony Loke heading MOT.
It's just a matter of days before their MOT related cronies online services to be reviewed.
Not a question of would it, it's a question of when.

Imigresen gone.
MOT gone --> soon

What is left?

apolloang: pro bn people holding not pro PH people holding,better beware
----------

This is very true.
You can see from the tone of reply from those cronies supporters over here.

We can presume how they vote in the recent GE.
Luckily rakyat wins eventually, or else the cronies will continue to squeeze profit at the expense of rakyat until there is nothing left. And yet they won't stop, they will put more rakyat together and squeeze again!

Continue to hug your cronies in the journey to hell!

benny would be glad to have ex 1st lady as she claimed to be as patronage

Rosmah Who else attending funeral of bennyloke later.?
------------
ur name says it all.

https://3.bp.blogspot.com/-R1MCjBgfs1M/WxIcYItBavI/AAAAAAAALw4/W5_tcTQ9GGEYAxesBSTtDMoMI-kjHadrACLcBGAs/s1600/myeg.png

It's SEMUA URUSAN & SEMUA JENIS PERKHIDMATAN.

"Selepas tarikh ini, semua urusan dengan vendor-vendor yang dilantik sebelum ini akan ditamatkan. Tiada lanjutan tempoh akan dibenarkan. Orang ramai dan majikan boleh berurusan terus dengan JIM bagi semua jenis perkhidmatan untuk penggajian pekerja asing."


If you feel it's just limited to rehiring, by all means, BUY on weakness!!
ALL IN!!!

the risk of being together with cronies.
if not because of all these cronies, the economy ecosystem and development of malaysia would be at least more like singapore today.

mayb monday would stand a chance, bursa might freeze the floor limit price on monday.

So as far as the statement is concern, it means JIM have nothing to do with myeg anymore after the date.

Mind the wording.
It's SEMUA URUSAN & SEMUA JENIS PERKHIDMATAN.

Perhaps if you feel the confusion, can try request Bursa to query the company for further clarification.

https://www.facebook.com/kementeriandalamnegeri/posts/1933906523296638

"Selepas tarikh ini, semua urusan dengan vendor-vendor yang dilantik sebelum ini akan ditamatkan. Tiada lanjutan tempoh akan dibenarkan. Orang ramai dan majikan boleh berurusan terus dengan JIM bagi semua jenis perkhidmatan untuk penggajian pekerja asing."

"For the financial year ending 30 June 2018 ("FYE 2018"), the continued growth in volume of our
existing concession related services, PRIMARILY the foreign workers’ permits as well as the online renewal of foreign
workers’ insurance, are expected to contribute to our Group revenue and PAT."

“There will be no extension. After that date, all arrangements for the rehiring programme through vendors will be stopped and all dealings should be done directly with the Immigration Department,” Muhyiddin said in a statement today.

So it will move to RM1 tomorrow

drop more buy more!!!!

no worries.
some people live in denial will come out to comfort everyone.

Rehiring program is just ONE of many programs by myeg.
Mind you, Rehiring program is just ONE of many gov related programs by myeg which take account a TOTAL of 20% revenue.

So in actual the % is not even 1% a.k.a. REGLIGIBLE.

We still have road tax renewal, insolvency, GST (oh no Jun coming bye bye GST).

Conclusion:
ALL IN tomorrow!!!

"In addition, the Board wishes to reiterate should there be any changes in policy of the new ruling
Government which affects any of the services or projects todate, the Company will review and
make the necessary impairments or provisions for all investments and expenditure incurred to
date where deemed necessary and prudent in FYE2018."

Any guess for the next QR result?

Muhyiddin berkata semua urusan dengan vendor yang dilantik sebelum ini akan ditamatkan selepas tarikh berkenaan dan tiada lanjutan tempoh dibenarkan.