What happen if next month deadline(Apr 9th) is final one since this time Najib got mention something and our govn will be richer with money from GST?

But still higher than RM3.36? Only question is Maybank TP reliable?

Friend cheap ma. In Bursa please tell me which counter as cheap as Hubline but not PN17 or losing money?

walau2u if Parkson don't do well, don't expect Icap to perform well also. I believe management has taken steps to improve profit in future eg owning mall in China and Malaysia. Although consider doing late to reduce escalating rental expenses, it is always better late than never.

Really no one here attend AGM? Why only yes man there but here like fighting?

Profit declared(above RM 100 million) is highest since 2012 despite share price slump.

They keep the balance(dividend) for next quarter which some believe will be difficult because of GST.

http://klse.i3investor.com/servlets/stk/fin/1562.jsp

BToto 3Q net profit up 43% to RM104.62m, pays 5 sen dividend
http://www.theedgemarkets.com/my/article/btoto-3q-net-profit-43-rm10462m-pays-5-sen-dividend

The fear of a glut is just an assumption. All these homes will not be built simultaneously. Why blame the Chinese for investing in the state? Presently, 80% of property in London belongs to foreigners.

I do not think the Chinese developers would build these homes and then leave them empty. Do you think that these Chinese developers have not done their calculations, including capital recovery and the projected returns on the investments?

Some people talk about a glut in high-rise property units in Johor Baru. The Chinese developers are not going to build 80,000 simultaneously. Only 8,000 units are being built now. Anyway, not all these house buyers are from China as there are also locals, especially from Penang and Kuala Lumpur. There are also Singaporean buyers.

http://www.thestar.com.my/News/Nation/2015/03/18/Sultan-of-Johor-speaks-his-mind-Ruler-gives-a-special-no-holds-barred-interview-on-a-wide-range-of-t/

AA selldown not by EPF?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1906809

Index going up, FGV is safer to buy now.

Probably after market close today. Last quarter also announce on 18th.

maradonut, do you realise the same thing happen in mid Dec'14? If Parkson climb back next few days then nothing to worry.

Do everything necessary to resolve Selangor water issue, Najib tells Ongkili

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak has told the Energy, Green Technology and Water Ministry to do whatever necessary to resolve the water issue with the Selangor government.

Minister Datuk Seri Dr Maximus Ongkili said they would also continue to engage with the state government to resume talks.

"We have already received a mandate from the PM to do whatever necessary and continue to proceed with the matter.

"We are scheduled to have a meeting at the officer level within this week. We are still waiting for feedback," he said.

Ongkili was speaking to reporters after launching the second International Water Association (IWA) Malaysia Young Water Professionals Conference 2015 here Tuesday.

However, the Ministry on Tuesday was reported as saying that implementation of water restructuring in Selangor had been postponed as the state government refused to settle three out of eight conditions of the main agreement with the Federal Government, including the land issue. - Bernama

The sooner they start HSR the better it is for UEM S which Khazanah is the major shareholder. Also good for 1MDB which govn own.

If I am Rozali I would prefer to keep water business. Only he need to make sure is all the amount due for water rate hike in the past must be paid.

Perhaps he should renegotiate existing agreement with lower tariff hike in future so that both state and federal government agree to continue.

Other businesses he plan to venture eg O&G or plantation doesn't seem to look better than water business.

Fly Mojo fly from Senai(JB) and KK not KLIA2 so no direct competition with AA.

Buy now for dividend is like keep money in FD. 8-10 sen dividend per annum should be better than keeping money in bank. Any upside in share price is a bonus.

Time to buy when drop. Ongoing share buyback should support price.

OTHERS TEK SENG HOLDINGS BERHAD (“TEK SENG”) - LETTER OF AWARD

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1903969

sheep, at least Icon is making money unlike TH Heavy which Tabung Haji also own. The bottom should not be far from here.

CEO sold because he got the shares for free and need the money to spend. No fear because major shareholders Ekuinas and Tabung Haji are still holding. They can change the CEO if he is not good.

Any hope to get project 3B now that 1MDB in trouble? After all last year YTL Power submit lower bid than 1MDB. YTL Power pull out of Project 4A but that doesn't mean they don't want project 3B as well.

Share price look uninspiring but why EPF keep buying a lot of shares.

Those attending AGM tomorrow please ask BOD not to write off RM350 million entirely. EG try to dispose some ships and use the money to retrench some workers. When business is reduced(due to cessation of container shipping business) Hubline operating expenses cannot remain the same hence reduction of workers are necessary.

Syabas: Selangor has asked for water deal extension
http://www.thestar.com.my/News/Nation/2015/03/14/syabas-sgor-water-deal-extension/

kingcobra pUNCAK not at this moment...lots of conflict now!
When in conflict, the price is at bargain., EPF also take the chance to buy like myself.

So sacking Khalid is a wrong move by PKR? Even Azmin cannot solve water woes. Can Puncak shareholders gain more under Azmin?

Mitrajaya can give free warrant again. Why Tropicana cannot give free warrant after 6 years absence? I agree Tropicana is low PE. Problem is where is the reward for shareholders. Give free warrant or dividend is the way.

Lowest latest TP RM2.30. Can buy now?
Cannot find TP RM2 or lower as some forumers in i3 or investlah mention.
http://klse.i3investor.com/servlets/ptg/5222.jsp

Hope there will be DPS more than EPS announcement since payout is not 100% last 2 quarters. Otherwise share price will remain lacklustre.

If take latest avg TP of 2 research houses ie TA 80sen amd Maybank 98sen is 89sen, 20sen higher than now, is it worth to invest?
http://klse.i3investor.com/servlets/ptg/5255.jsp

Edge Weekly
Is the worst over for CIMB?
By Surin Murugiah / theedgemarkets.com | March 14, 2015 : 11:22 AM MYT
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KUALA LUMPUR (March 14): The Edge weekly in its latest edition spoke with CIMB Group Holdings Bhd (Financial Dashboard)’s newly confirmed group chief executive Tengku Datuk Zafrul Aziz on the outlook and direction of the country’s second largest banking group.

In an exclusive interview with the Edge’s Joyce Goh and Adeline Paul Raj, Zafrul said that the worst was over for the banking giant.

The Edge reported that one of the tough decisions Zafrul had to make with his team was to close down CIMB’s Australian business and cut jobs in Hong Kong, Taiwan and Singapore, where a total of 168 people were laid off.

The weekly quoted Zafrul as saying that the review was ongoing and that CIMB would continue to do it to achieve its targets.

The Edge said that CIMB, which was once a trailblazer in banking, was now one of the weaker performers in the industry.

The magazine said CIMB’s earnings had been declining for the last three consecutive quarters and it recently announced its worst quarter yet in terms of return on equity (ROE), achieving only 0.64% in its fourth quarter ended Dec 31, 2014 (4Q2014).

The Edge reported Zafrul as saying that the last six months as being very hectic, as CIMB weighed a potential merger with RHB Capital Bhd ( Financial Dashboard) and Malaysia Building Society Bhd ( Financial Dashboard) that failed to materialise.

It quoted Zafrul as saying that since the merger did not take place, the banking group was now focused on its mid-term strategy (T18).

“We’ve also reinvigorated our organisational structure and interlaced a mixture of new blood and experience in the new management line-up,” it quoted Zafrul as saying in his first interview since officially taking on the top job on Feb 27.

“We announced our results — not our best — but at the same time, we bulked up our capital base significantly and have outlined some very clear plans to move the firm forward with T18. All in all, I am optimistic and the task now is to focus on executing our plans,” said Zafrul.

CIMB saw its net profit fall 81% year on year to RM200.3 million in 4Q2014, mainly due to higher corporate banking loan impairments in Indonesia and Malaysia as well as a loss-making wholesale banking division.

Allowance made for impairment losses on loans, advances and financing almost tripled to RM919.2 million from RM308.5 million a year ago. Revenue dropped marginally by 3% y-o-y to RM3.67 billion.

For the full year, CIMB saw its net profit drop 31.6% to RM3.1 billion in 2014 from RM4.54 billion a year earlier. Allowance made for impairment losses, advances and financing jumped 131% y-o-y to a whopping RM1.52 billion. The group’s annualised FY2014 ROE was 9.2%, in stark contrast to the 15.5% achieved in FY2013.

Despite the tougher environment, CIMB’s rivals like Malayan Banking Bhd (Maybank) ( Financial Dashboard) and RHB Capital managed to grow their earnings last year. Maybank’s net profit grew a marginal 3% to RM6.72 billion while RHB Capital’s rose 11.5% to RM2.04 billion.

Zafrul says CIMB fared worse because it had the biggest exposure to the Indonesian market and a larger investment banking (IB) franchise regionally compared with the other local banks.

The Edge said that apart from battling a highly competitive market, which was eating into its profit, CIMB was facing another conundrum, on its talent front.

It said a number of its old guard recently left the group or are in the midst of leaving, including former CEO of corporate banking, treasury and markets Datuk Lee Kok Kwan and former group CFO and CEO of group strategy and strategic investments

Kenny Kim. Lee and Kim, who were with the group for many years and were among former group CEO Datuk Seri Nazir Razak’s trusted lieutenants, are now in advisory roles. Lee will also become a board member.

“We have a strong second layer to move up. A few changes have already been announced and for CIMB, it is a big thing. I don’t think we have done such a major reshuffling in the last 10 years,” Zafrul comments.

Just last week, CIMB announced more changes to its senior management team that saw Tigor M Siahaan nominated as president director of CIMB Niaga and the appointment of Effendy Shahul Hamid as CEO of group asset management and investments and Kwan Keen Yew as group chief compliance officer.

Indeed, all eyes are on Zafrul to see how soon he can deliver CIMB from this difficult period and get it into the next and more challenging phase of its journey.

Water restructuring delay has serious economic implications
By Ahmad Naqib Idris / theedgemarkets.com | March 14, 2015 : 3:13 PM MYT
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KUALA LUMPUR (Mar 14): Syarikat Bekalan Air Selangor Sdn Bhd (SYABAS) said that the unresolved water restructuring issue has serious economic implications, due to the delay of a number of projects, including the Langat 2 project.

In a statement, Tan Sri Rozali Ismail, executive chairman of SYABAS and Puncak Niaga Holdings Bhd (PNHB) (Financial Dashboard), said the postponing of these projects has resulted in the foregoing of supply of a total 850.82 million litres of water to 1,038 new developments.

"The postponing of these big projects involves billions of ringgit in investment, and will definitely impact the economic growth of the country, and have also resulted in the loss of employment opportunities in Selangor, Kuala Lumpur and Putrajaya," said Rozali.

To recap, PNHB had agreed to sell its unit Puncak Niaga (M) Sdn Bhd and its 70%-owned SYABAS to Pengurusan Air Selangor Sdn Bhd for RM1.55 billion on Nov 11, 2014.

Following the sale of water assets, PNHB shareholders are also expected to receive a special dividend of RM1 per share, which translates to a 37% dividend yield.

However, the transfer of water assets had been extended three times to March 9, 2015, due to the non-fulfillment of the conditions precedent stated in the conditional sale and purchase agreement.

Last Monday, Selangor Menteri Besar Mohamed Azmin Ali said that no further extension would be granted for the agreement which lapsed on the same day.

Any chance to win back project 3B?
http://www.thestar.com.my/Business/Business-News/2015/03/13/Minister-1MDB-debt-level-not-sustainable/?style=biz

Pity those who have bought Puncak at RM5 thinking all the agreement signed will be fulfilled(eg water hike agreement, etc).

Puncak 2014 EPS is 60.51sen. If trade like Tenaga PE what is Puncak fair value?
http://klse.i3investor.com/servlets/stk/fin/6807.jsp

They said Tek Seng solar energy business will start this quarter so coming quarter report in May will be good. How true?

EPF buying.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1902717

Another non-performing IPO. When their CEO going to be replaced?

When FGV CEO going to be replaced? This year FGV still less than half IPO RM4.50.

Petra Energy to benefit from potentially more jobs
http://www.theedgemarkets.com/my/article/petra-energy-benefit-potentially-more-jobs

Ecoworld right issue seem like a roaring success as can be seen from their price. Perhaps Tropicana should sell more land(Canal City) to them and reduce its own gearing.

Better offer new deal before Puncak carry out water cut.

Moving up again. Good news coming?

Slowly moving up. Insider buying good news coming?

TP RM 2.15 by Maybank.
http://klse.i3investor.com/blogs/kltrader/72609.jsp

Add more today. As Ekuinas is owned by govn, they will continue to receive PETRONAS O&G contract.

If keep delay ask for higher compensation because time is money. Eg O&G(one of possible new Puncak business) counters(eg Alam, Barakah) no more cheap like 2 months ago.

Lowest latest TP RM2.6; avg TP RM3.05. Can buy now?
http://klse.i3investor.com/servlets/ptg/5099.jsp

azmimerican TP berapa??

12/03/2015 16:48

RM 1.88 ikut AMMB.
http://klse.i3investor.com/servlets/ptg/5148.jsp

Not only EPF bought 3 million shares but Tan Sri Dato' Lee Shin Cheng also bought heavily.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1901149