Come come tessa, mark, ys, ct, ft, happy......everyone......let's activate this is thread :)

Brent back above $60 as 1986 fears fade

U.S. crude rose by nearly $1 a barrel on Friday, and was trading above $52 a barrel by 10:00 p.m GMT (5:00 a.m. EST). Brent crude for April delivery opened at $59 a barrel and rose above $60 a barrel for the first time this year.


The latter has seen gains of around 4 percent so far this week, tracking similar gains over the previous seven days.


While oil experts still expect a period of major volatility ahead, a growing number are more upbeat that prices could edge towards the $100-per-barrel level by year-end.


"The good news is that demand is responding and responding quite well," Amrita Sen, chief oil analyst at Energy Aspects, told CNBC Friday. "All the indications so far is that it's rising thanks to the lower oil prices. So I think there is some good news."


Sen said that she believes oil will be range-bound between $40 and $50 for the first half of 2015, before rising to $70 or $80 in the second half of the year.

- CNBC Feb 13, 2015

JCY has a cash & bank balances of about RM320million and short term foreign currency trade loan of RM111m, which i belief is a self liquidating loan.

JCY has a cash & bank balances of about RM320million and short term foreign currency trade loan of RM111m, which i belief is a self liquidating loan.

Haha bro Hit.....come help to activate this thread!!!!!

Stock To Watch
Signature @ 1.80
KUALA LUMPUR (Feb 13): Signature International Bhd ( Financial Dashboard) posted a net profit of RM12.2 million for the second quarter ended Dec 31, 2014, 318% higher than the same period a year ago, in tandem with a sharp increase in revenue.

Revenue for the quarter was 66% higher at RM71.1 million, from RM42.9 million previously.

In terms of the group’s segmental performance to date, the kitchen and wardrobe segment remains its core profit contributor, delivering a profit growth of 913% as compared to Q2FY14.

This growth was largely due to the higher sales volume deriving from the group’s project division’s impressive order book, leading to improved revenue recognition for the current quarter under review, said the group in a statement.

The group’s order book has an unbilled value of approximately RM200 million currently.

For the cumulative six months, Signature (fundamental: 2.1, valuation: 2.4) delivered net profit of RM18.9 million, a 281% leap from RM5 million last year.

Revenue was 87% higher at RM130.4 million, compared with RM69.9 million in 2HFY14.

http://www.theedgemarkets.com/my/article/signature%E2%80%99s-2qfy15%E2%80%99s-net-profit-soars-318-rm122-mil

Stock To Watch
JCY @ 0.725
JCY International Bhd saw its net profit for the first quarter ended Dec 31, 2014 (1QFY15) risen 65.92% to RM50.19 million, from RM30.25 million a year ago, mainly due to favourable exchange rate and increased in sales volume.
http://www.theedgemarkets.com/my/article/jcy-1q-net-profit-rises-66-strong-usd

Euro zone Q4 GDP grows by higher than expected 0.3 pct

BRUSSELS (Feb 13): Euro zone gross domestic product (GDP) grew by more than expected in the final three months of 2014, data from the European statistics agency Eurostat showed on Friday, as the German economy accelerated.
 
A preliminary estimate by the European Union's statistics office Eurostat showed that the economy of the 18 countries sharing the euro expanded 0.3 percent quarter-on-quarter in the Oct-Dec period after a 0.2 percent rise in the previous three months.
    
Year-on-year, euro zone growth was 0.9 percent in the fourth quarter, from 0.8 percent in the third quarter, again higher than the expectation of a 0.8 percent rise.

 - Reuters

Germany Economy Expanded 0.7% in Fourth Quarter Versus Estimated 0.3%
- Bloomberg

Highlights / Stock Picks of the Day V.S. Industry Bhd (VS) – Trading Buy
http://klse.i3investor.com/blogs/kenangaresearch/70420.jsp

Posted by rikki > Jan 30, 2015 08:26 PM | Report Abuse X

Stock To Watch
VS Industry @ 3.60
Robust double digit growth. RHB tp 4.50 & should attract IB tp review after the next quarter result in march '15
Note : This is not a buy or sell call.
http://klse.i3investor.com/blogs/rhb/68838.jspStock To Watch

GHL Systems expanding Malaysian footprint
http://www.theedgemarkets.com/my/article/ghl-systems-expanding-malaysian-footprint

Global stocks rally on Russia-Ukraine deal, Swedish QE surprise
http://www.thestar.com.my/Business/Business-News/2015/02/13/Global-stocks-rally-on-Russia-Ukraine-deal-Swedish-QE-surprise/?style=biz

Stock To Watch
OSK Prop @ 1.96 PE Ratio : 4.75
OSK Property 4Q net profit up 69.2% to RM30.11m.
OSK Property Holdings Bhd ( Financial Dashboard)'s net profit for its fourth quarter ended Dec 31, 2014 (4QFY14) went up 69.2% to RM30.11 million from RM17.80 million in 4QFY13, mainly due to the higher level of construction work carried out.
In the current year (CY2015) the group will also see the opening of its Atria Shopping Gallery in Damansara Jaya, which would contribute recurring income to enhance its earnings in the near future.
http://www.theedgemarkets.com/my/article/osk-property-4q-net-profit-692-rm3011m

GHL System @ 0.82
TP raised from 1.00 to 1.10 by CIMB today

Note : This is not a buy or sell call

Risk of contagion from Greece is low: ratings agency S&P
The risk of Greece's turmoil spreading to the rest of the euro zone is low, a senior
official at ratings agency S&P’s said. "Greece's risk premium has drastically increased
again recently but the panic hasn't leapfrogged over to other former crisis countries.
The risk of contagion doesn't seem to actually be that big," Moritz Kraemer, S&P's
chief sovereign ratings officer said. (Reuters)

Hibiscus Petroleum unit to start drilling offshore Australia http://www.thestar.com.my/Business/Business-News/2015/02/11/Hibiscus-Petroleum-to-start-drilling-off-shore-Australia/?style=biz

Stock To Watch
GHL @ 0.815
GHL secures 1st public sector client for its cashless payment system
http://www.theedgemarkets.com/my/article/ghl-secures-1st-public-sector-client-its-cashless-payment-system

Stock To Watch
Hevea @ 2.19
TP 4.06 by CIMB, upside 85%

Note : This is not a buy or sell call

Oil over $58 as OPEC raises demand forecast for its crude
http://www.theedgemarkets.com/my/article/oil-over-58-opec-raises-demand-forecast-its-crude

Chung Chih-Chieh ceased to be substantial shareholder of Eduspec | The Edge Markets - http://www.theedgemarkets.com/my/article/chung-chih-chieh-ceased-be-substantial-shareholder-eduspec

@SpeedyBoy.....nice for you to drop by. Just sharing some latest development in the market. 

With information at a click of a button, investors are now very savvy. Companies with low PEs are not investors priority any more because many are not holding stocks for long term. They are now always focusing on growth & up trending stocks i.e now in Semi Conductors/Electronic, IT, Gloves, Timber & Logistic by nature of their export oriented in foreign currencies & the low cost of fuel which will tremendously reduced the transportation cost for logistic co.

Dow Average caps biggest weekly gain since 2013 on oil, earnings
http://www.theedgemarkets.com/my/article/dow-average-caps-biggest-weekly-gain-2013-oil-earnings

Stock To Watch
TMC Life @ 0.64
Peter Lim, Johor crown prince injects Thomson Medical Hub project into TMC Life for RM400m
http://www.theedgemarkets.com/my/article/peter-lim-johor-crown-prince-injects-thomson-medical-hub-project-tmc-life-rm400m

KLCI expected to trend higher on rising risk-taking sentiment
http://www.theedgemarkets.com/my/article/klci-expected-trend-higher-rising-risk-taking-sentiment

Stock To Watch
Megb @ 0.62
http://www.theedgemarkets.com/my/article/masterskill-proposes-asset-disposal-director-rm80m

Eduspec buys lands for new corporate office
http://www.theedgemarkets.com/my/article/eduspec-buys-lands-new-corporate-office

Highlights / Stock Picks of the Day - Eduspec Holdings Bhd (EDUSPEC) – Not Rated
http://klse.i3investor.com/blogs/kenangaresearch/69803.jsp

Greek uncertainty weighs on Asia stocks, China stimulus in focus

Nyshka Chandran | @NyshkaC
6 Mins Ago CNBC.com

Asian equities dropped on Thursday after the European Central Bank (ECB) expressed pessimism about Greece's bailout program.

The central bank banned the use of Greek government bonds as collateral for ECB cash on Wednesday, revoking a previous waiver because "it is unable to assume a successful end to the Greek government's bailout talks."

Meanwhile, oil prices remained a source of market volatility with U.S. crude posting modest gains in the Asian session after closing nearly 9 percent lower overnight.

Chinese shares will be in the spotlight when markets open for trade at 9:30am local time after the People's Bank of China reduced reserve requirements for banks by 50 basis points for the first time in two years on Wednesday. The move marks a change from the central bank's previous low-profile attempts to increase liquidity and follows the trend of global monetary stimulus seen in the past month.

"Around 600 billion renminbi should make its way into the real economy, but firstly we need to recognize the fact this is being used as a short-term liquidity measure to compliment the recent use of its reverse repo facilities, which have been actively used ahead of the New Year holidays," said Chris Weston, chief market strategist at IG, in a note.

Stock To Watch
JAKS @ 0.535
Cup & handle breakout
Note : This is not a buy or sell call

China's central bank cut requirement reserve ratio (RRR) for banks by 50 basis points wef Thursday. This is good for economic activities & thus positive for the stock market.

China's central bank cut requirement reserve ratio (RRR) for banks by 50 basis points wef Thursday. This is good for economic activities & thus positive for the stock market.

China's central bank cut requirement reserve ratio (RRR) for banks by 50 basis points wef Thursday. This is good for economic activities & thus positive for the stock market.

Eduspec up 13% after Edge Weekly reports on brighter growth prospectshttp://www.theedgemarkets.com/my/article/eduspec-13-after-edge-weekly-reports-brighter-growth-prospects

IFCA performance must be exceptionally good for CIMB to revise the TP from 1.05 to 1.48 immediately after the fund managers' briefing instead of the usual practice of revising TP after the result announcement.

Stock To Watch
IFCAMSC @ 1.06
TP raised from 1.05 to 1.48 by CIMB on Jan 30, 2015.
Potential upside 39.6 %

Clean balance sheet with net cash of RM16.46m as at Sep 30, 2014

Eduspec - Fundamental Score: 3.00, Valuation Score : 1.20
Eduspec poised for exponential growth. CEO Lim Een Hong is confident the company can sustain its growth trajectory over the next few years, especially since its expension overseas has began to bear fruit. Eduspec ambition is to capture 10% of Asean market in five years - The Edge Financial Weekly of Feb 2 (No link available)

Eduspec - Fundamental Score: 3.00, Valuation Score : 1.20
Eduspec poised for exponential growth. CEO Lim Een Hong is confident the company can sustain its growth trajectory over the next few years, especially since its expension overseas has began to bear fruit. Eduspec ambition is to capture 10% of Asean market in five years - The Edge Financial Weekly of Feb 2 (No link available)

Benalec - Leveraging on shipping route
That said, the proposed Tanjung Piai Maritime Industrial Park has its own advantages such as the proximity to Jurong Petrochemical Hub and natural water depths of more than 20m, which is suitable for very large crude carriers berths.
Another geographical advantage of Tanjung Piai is the natural shelter that provides and anchorage area for about 1,000 vessels.
http://www.thestar.com.my/Business/Business-News/2015/01/31/Leveraging-on-shipping-route/?style=biz

Benalec in for the long haul in Tanjung Piai

Assuming that the average reclamation cost is RM52 per sq ft, a fair RM65 per sq ft selling price, and that works begin in 2015, Benalec could stand to gain RM566mil in net profit over five years, says CIMB.
“This is equivalent to double the group’s 2015 forecasted net profit. Our RNAV (revised net asset value) estimate factors in outstanding reclamation works in Malacca and potential new reclamation works representing just 20% of Tanjung Piai’s 1,000-acre,” says CIMB.
http://www.thestar.com.my/Business/Business-News/2015/01/31/Benalec-in-for-the-long-haul-in-Tanjung-Piai/?style=biz

Stock To Watch
VS Industry @ 3.60
Robust double digit growth. RHB tp 4.50 & should attract IB tp review after the next quarter result in march '15
Note : This is not a buy or sell call.
http://klse.i3investor.com/blogs/rhb/68838.jspStock To Watch

AT very happy.....banyak untung Esceram :)))))

Stock To Watch
Benalec @ 0.805
Earlier I cut loss all my holdings of Benalec due to the internal dispute as i totally lost confidence in the counter. But now I see value & Benalec deserved a second look. Human being are very forgiving & forgetful. Very soon all the wrong doings will be forgotten when the company recorded good earnings. I belief many catalysts are in the pipeline.

'Analysts had previously said that based on a selling price of RM50 per sq ft for the initial 1,000 acres, which will rise to RM75 psf for the remaining 2,485 acres, as well as a conservative net profit margin of 10%, the Tanjung Piai concession will generate approximately RM10 billion in billings and RM1 billion in net profit over the next 10 to 15 years for Benalec.'- The EdgeMarket
http://www.theedgemarkets.com/my/article/benalec-gets-doe-approval-tanjung-piai-project

Earlier I also cut loss due to the internal dispute as i totally lost confidence in the counter. But now I see value & Benalec deserved a second look. Human being are very forgiving & forgetful. Very soon all the wrong doings will be forgotten when the company recorded good earnings. I belief many catalysts are in the pipeline.

'Analysts had previously said that based on a selling price of RM50 per sq ft for the initial 1,000 acres, which will rise to RM75 psf for the remaining 2,485 acres, as well as a conservative net profit margin of 10%, the Tanjung Piai concession will generate approximately RM10 billion in billings and RM1 billion in net profit over the next 10 to 15 years for Benalec.'- The EdgeMarket
http://www.theedgemarkets.com/my/article/benalec-gets-doe-approval-tanjung-piai-project

Stock To Watch
Eduspec @ 0.29 - Cup & Handle Formation. Set to challenge the strong resistance of 0.29.
Q3 revenue increased from 15m to 29m & profit increased from 3.4m to 7.1m. Q4 result due next month.
Eduspec is also one of the co that will benefit from the depreciation of Ringgit coz their profit are mostly derived from Spore & Indonesia. For 9 months as at Sep 30, 2014 profit from Spore was RM6.914m, Indonesia 2.509m & loss from Msian operations of RM1.020m. Nett profit for 9 months was RM8.403m.
Note : This is not a buy or sell call

Bullish Cup & Handle Formation.....set to break strong resistance of 0.29

Dow Jones now down 296 points

Good sign for equities markets.

Greek factor as fear of Euro zone collapse faded. Looking at Asia, Europe and Dow Jones reactions to the winning of Greek opposition. The fear factor may have faded drastically. That’s a good sign for the equities markets!- JJ Investment

Group's total orderbook amounts to RM159.3 million which will last us till 2020.
Source : Q3 Report.

Myeg & Datasonic are also 0.10 par value. Anything is possible in a stock market.