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2015-01-20 10:04 | Report Abuse
From TheStar 19.01.15:
PUTRAJAYA: Prime Minister Datuk Seri Najib Tun Razak today outlined six priority areas as part of efforts to drive tha nation's economy and protect the people's well-being.
He said the measures include those relating to the need to make changes and interventions in the wake of the weak global economy caused partly by the crude oil price slump.
Speaking at the Prime Minister's Department's monthly assembly here, Najib, who is also Finance Minister, said he would announce the economic modifications and interventions tomorrow.
On the Goods and Services Tax (GST), he said its implementation on April 1 could help the government's efforts to introduce fiscal consolidation measures to make the country's finances strong and resilient.
<DELAY POSSIBLE BASED ON JIB GOR'S ABOVE COMMENT?>
Najib said the 11th Malaysia Plan scheduled to be tabled in May needs to incorporate all measures that could help Malaysia achieve developed nation status by 2020.
On efforts to build and repair houses damaged in the recent floods, he said they should be expedited so as to reduce the burden on those affected.
On the security threat, the prime minister stressed the need for certain quarters including the Department of Islamic Development Malaysia (Jakim) to clarify the meaning of jihad in order to avoid confusion and prevent the people from joining militant groups like the Islamic State (IS).
"We must really explain so that no one gets the wrong idea of what they should do as a Muslim," he said, adding a proposed law to prevent violence will be tabled in March.
On Asean, the final priority area, Najib said Malaysia will be more comprehensively promoted this year with Kuala Lumpur chosen as the chair of the regional grouping.
"As the Asean chair we will announce the Asean Community this year, and all efforts made should put Malaysia's image in the best possible light," he said.
Najib also expressed hope that 2015 would strengthen bonds and the people could act in the spirit of equality to face the future. - Bernama
2015-01-20 09:18 | Report Abuse
@simon84: Give some time buffer. Jib Gor never punctual one...make it 10.15am for his toilet break. :)
2015-01-19 21:43 | Report Abuse
This might rationalise the increasing stakeholding in vsolar and the Company's footprint in biomass:
http://klse.i3investor.com/servlets/fdnews/223402.jsp
2015-01-19 21:31 | Report Abuse
Good owner. Good luck, folks
2015-01-19 20:18 | Report Abuse
:)...market is always there. Be greedy for nothing..
2015-01-19 18:02 | Report Abuse
@ckwong86: come, give u encouragement:
http://therealsingapore.com/sites/default/files/field/image/b06a1917b1860f3087cc2ebd746e248ad996dfadf57691b45f8bd5945a204690.jpg
2015-01-19 17:46 | Report Abuse
chy72: Don't chase escalating prices unless you are very confident of the Company's fundamentals. :)
2015-01-19 17:44 | Report Abuse
@sapuMalaysia: Angpau?
Ini? http://www.china-family-adventure.com/image-files/chinese-new-year-firecrackers.jpg
2015-01-19 17:41 | Report Abuse
Ok. No worries, would recover back eventually. :)
2015-01-19 17:35 | Report Abuse
chy72: How is your vsolar doing?
2015-01-19 17:06 | Report Abuse
Have a good evening, folks. :)
2015-01-19 17:06 | Report Abuse
Congrats, fellow investors. We have reached Station 18 for today. :)
2015-01-19 17:00 | Report Abuse
@richkid: This is a fun-filled and exciting counter. Enjoy your ride.:)
2015-01-19 16:54 | Report Abuse
@Slick: Already loaded previously. :)
2015-01-19 16:48 | Report Abuse
Not a prob, Slick.
@richkid: How did you deduce that it is big fund? Deep pocket retail investors can do so collectively too. :)
2015-01-19 16:19 | Report Abuse
@slick: Nothing much. Basically the Budget 2015 will be revised and Najib would shed light on how to tackle the effects of the oil prices on the economy. :)
2015-01-19 15:29 | Report Abuse
@richkid: See if Najib can take the lead from 10am onwards tomorrow. Malaysia Boleh. :)
2015-01-19 15:18 | Report Abuse
tunggu bunga tumbuh dan berbunga....:)
2015-01-19 13:57 | Report Abuse
I don't think the Govt is ready for an unprecedented April Fool's U-Turn Surprise. :)
2015-01-19 13:55 | Report Abuse
Mummy more experienced so higher priced. :)
2015-01-19 13:47 | Report Abuse
Here's the explanatory from TheEdge:
Valuation Score
Provides a composite measure of historical return & valuation on a scale of 0-3, with 3 suggesting a company gives higher than market average returns and is trading at a lower than average valuation. The relative weights of scores are customizable by the user according to his preference.
Fundamental Score
Provides a composite measure of balance sheet strength & profitability of the company on a scale of 0-3, with 3 suggesting that it is profitable & has strong balance sheet. The relative weights of scores are customizable by the user according to his preference.
2015-01-19 13:41 | Report Abuse
3 is the highest, smurfbee.
So it is a perfect scoring for fundamentals and satisfactory scoring for valuation.
2015-01-19 13:40 | Report Abuse
@Orionpacific: Not a problem. Glad to share with fellow investors so all of us can make better diagnosis of the state of business and financial health of the Company.
The article shed further light on the Company's M&A direction in Indonesia which is expected to grow (economically) by approx. 5% in 2015. Good initiative to extend their business footprints beyond local market.
2015-01-19 13:19 | Report Abuse
As mentioned earlier, there is not going to be a U-turn for the GST regime rollout:
http://www.thestar.com.my/Business/Business-News/2015/01/19/Najib-outlines-six-areas-to-drive-econony/?style=biz
Relevant extract:
"On the Goods and Services Tax (GST), he said its implementation on April 1 could help the government's efforts to introduce fiscal consolidation measures to make the country's finances strong and resilient."
2015-01-19 12:59 | Report Abuse
Bro, not official announcement. More of an indication.
already announce dividend around 20% to 30% of the net profit ma.....
read carefully
2015-01-19 11:21 | Report Abuse
10 sen dividend is remote in my opinion.
2015-01-19 10:58 | Report Abuse
Thanks for sharing, Helen.
As a side note: There is a free apps that can be downloaded: "The Edge Financial Daily".
Sponsored circular and informative. :)
Stock: [SUMATEC]: SUMATEC RESOURCES BHD
2015-01-20 10:17 | Report Abuse
@stonenut: In short, oil prices have not stabilised.