how much it can go..........so nervous

TOMOLO.......LIMIT UP HEHE

BE CAUTIOUS...

3) After Q2 report if negative .........limit down

got rumours limit down next week............

got rumours limit down next week...........

that true it going be privatization.........??????

2nd UMA,.........................

don't worry, tomolo i dump this stock price falls like a stone, limit down.......

http://www.malaysiastock.biz/Latest-Announcement.aspx

http://www.malaysiastock.biz/Latest-Announcement.aspx

SPACs have historically been high-risk, high-reward investments. Some U.S.-listed SPACs have performed well and built market value, while others have failed to make any acquisition and were forced to delist.

"If the historical experience in the U.S. is any indication, it should provide a warning sign that these investments may not turn out to be particularly good ones," said Stefan Lewellen, a SPAC expert who authored a study on U.S. SPACs at Yale University.

Listings of SPACs are also known as blank check IPOs, because such companies raise money through the stock market without a single asset on their books. SPACs are mere shell companies, with no business to speak of other than a plan to buy corporations that will be folded into the entity.

Investors in a SPAC typically buy a unit and receive a warrant, which trades separately and can only be exercised when the company completes a takeover. Some investors prefer to take a position on a SPAC's warrants
which are cheaper than units, but the holdings can turn into dust if no acquisitions are made.

private placement 0.105........????

Semenyih-based LB Aluminium Bhd is looking to undertake another major expansion exercise this year, in line with the growing aluminium extrusion industry in Malaysia.

It is currently in the midst of preparing the budget for the expansion. However, details of its expansion will only be finalised by the end of August. “We are still planning what to do, what to expand and what to buy, but no firm decision has been made as yet,” says chief executive officer Mark Wing Kong.

Three years ago, the company underwent a major expansion of capacity, which cost about RM40mil.

“It took time to absorb that. So in the financial year ending April 30, 2015, we are looking at another expansion to expand capacity as we still feel there is still growth for Malaysia for the aluminium extrusion industry.

“We are quite confident of the direction of the country and hence confident enough to expand further,” says Mark.

The company’s expansion will either be by way of capacity, new products, and or, new markets, he adds. On another note, the company has no plans to go into the upstream side of the industry.

Mark says any expansion will be internally funded. “Our financials are very strong, so we don’t foresee going to the market to raise funds,” he says.

According to Bloomberg data, LB Aluminium’s 2013 net debt to earnings before interest, tax, depreciation, and amortisation ratio stands at 1.46.

LB Aluminium continually upgrades its processes and equipment as needed. Mark tells StarBizWeek that the company spent some RM20mil in capital expenditure (capex) in the 2014 financial year. “We keep finding ways to upgrade and automate to cut cost, and to save electricity, gas, and water,” says Mark.

The company’s production facilities are located on 30 acres in Beranang’s industrial park. It also has another factory in Sarawak, spanning five acres to cater for demand in this state and Sabah. “It’s basically to reduce our transport cost. We can also service our customers faster and are closer to market,” he says.

Both factories are currently operating at about 70% capacity, which Mark says is an ideal level for the company, as it needs to have spare capacity at any point in time.

Turnover of orders, which are primarily for the building and construction industry, are higher now that its clients are moving towards keeping less stock in hand.

“Lately most builders are moving towards green index buildings. Typically a green building would use more for aluminium, which works out as a bonus for us. We expect this trend to continue into the future,” he says.

The company also caters to other industries such as electrical and electronic, transportation, engineering, solar, household tools, and furniture among others.

LB Aluminium is also considering building an extension to its factory in Beranang. It has six acres within the same area. “That was to cater for future expansion,” says Mark.

The company’s current production facilities include 17 extrusion presses with an annual production capacity of 90,000 tonnes. This includes a fully integrated 4,300 tonnes extrusion press, the largest press in Malaysia to-date.

It also has a fully-automated vertical powder coating line, and together with its two existing horizontal powder coating lines, can cater for capacity of 24,000 tonnes.

Currently, the company has two anodising plants, one of which is Malaysia’s first and only eco-friendly vertical anodising plant, which is fully automated to obtain consistency and uniformity of quality anodised finishes.

It also serves as a one-stop solution centre for its clients, in providing value-added services such as cutting, degreasing, hole punching, stamping, and tapping among others.

LB Aluminium’s die-shop is equipped with the latest CAD-CAM software, which enables it to design and manufacture die-moulds, which comprise various complexities.

The company currently holds 25% of the market share in Malaysia. While it predominantly caters to the domestic market, it exports some 30% of its products to the UK, Australia, North America, South-East Asia and Japan.

“We will not focus on any individual market, but on all our export markets. We will diversify our customers rather than regions we supply to,” he says.

In the past year, the counter saw its share currently trades at around 7.6 times its historical earnings, compared with its peers like Press Metal Bhd and Tong Herr Resources Bhd, which trade at 100 times and 13.3 times respectively.

“It is still below our net asset value, which is more than RM1, Mark says.

He foresees steady growth for the company in the next few years. “The aluminium business is something that grows together with the economy of Malaysia. Going by what the country is forecasting in the next few years, we will register gradual growth in the next few years,” he says.

LB Aluminium is position where it can afford to pay more dividends, which could be something that shareholders could look forward to. It has been religiously.

tomolo reach energy shoot up, daya also follow.......

maybe tomolo drop......

http://www.theedgemalaysia.com/business-news/302862-stocks-to-watch-mbsb-hibiscus-pdz-klk-ppb-reach-energy-media-prima.html

today, shareholders acquired shares........

today, shareholders acquired more shares..........

http://www.theedgemalaysia.com/business-news/302654-stocks-to-watch-cliq-media-chinese-lcth-berjaya-assets-boustead-heavy.html

still sleeping...............

shareholders collected more shares today, more upside coming

Last month, Daya Materials Bhd acquired 3.1 million shares of one sen each in Reach Energy Bhd for RM1.39 million or 45 sen a share, together with 133.3 million redeemable convertible preference shares of one sen each worth RM599,998, from Midvest Asia Sdn Bhd. The share purchase comes with an equal amount of warrants. Daya Materials, said the acquisition will increase its equity holdings in Reach Energy to 1.74%. The exercise price of the warrants has been set at 75 sen.....

REACH ENERGY IPO UP, DAYA ALSO UP NEXT FRIDAY......!!!

MANAGEPAY SYSTEMS BERHAD (“MANAGEPAY” OR THE “COMPANY”)
- Article published in Focus Malaysia entitled “ManagePay bags GST tourist refund contract"

Reference is made to the article published in Focus Malaysia on page 14, August 9 – 15 2014 (“Article”) on the above title.

The Board of Directors ManagePay wishes to clarify that ManagePay has not been informed and is not aware of the award of the Goods and Services Tax (GST) Tourist Refund Scheme by Customs Department to ManagePay as reported in the Article.

In the event ManagePay is awarded the above contract, ManagePay shall make the announcement accordingly.

any chance IRIS to win...........???

in the edge article, sources said Khazanah is expected to pay a premium over thursday's closing price. what mean.....???

http://www.theedgemalaysia.com/first/299962-highlight-berjaya-food-to-buy-remaining-50-stake-in-starbucks-malaysia-fr.html

http://www.theedgemalaysia.com/business-news/299960-spritzer-4q-profit-up-148.html

WHERE THE NEWS FGV ACQUIRED THIS SHARES.....................

FGV acquired PRIVA.............???? SO hot

WAR COMING SOON.......!!! BE CAREFUL EVERYONE

http://www.theedgemalaysia.com/business-news/298355-merger-to-form-malaysias-biggest-bank-may-lead-to-job-losses-says-union-biz.html

http://www.theedgemalaysia.com/business-news/298355-merger-to-form-malaysias-biggest-bank-may-lead-to-job-losses-says-union-biz.html

http://www.theedgemalaysia.com/business-news/298355-merger-to-form-malaysias-biggest-bank-may-lead-to-job-losses-says-union-biz.html

http://www.theedgemalaysia.com/first/297940-sapura-resources-surges-on-oag-asset-injection-speculation-fr.html

i hope PESTECH can beat DSONIC..........T.P 7 coming

http://www.theedgemalaysia.com/business-news/297611--eao-buys-135-acres-from-sime-for-rm240m-development-to-have-gdv-in-excess-of-rm15b.html

slow2 buy........

all properties counters under goreng now with BIG news, so maybe RM1 coming soon, hehe

http://www.thestar.com.my/Business/Business-News/2014/07/03/SP-Setia-shares-up-PNB-may-inject-assets/

tomolo drop back below 20 sen.....

from 1.8 until 6, only one year.............chaiyok......!!!!

http://www.theedgemalaysia.com/business-news/297206-exclusive-state-fund-plans-to-take-malaysia-airlines-private-for-restructuring-sources.html

tomolo down 1.80............happy trading

ISKANDAR Malaysia has always been the influencing factor in Johor property, but Klang Valley-based developer MCT Consortium Bhd believes it’s time buyers and investors zoomed into the different flagship zones and look at what each has to offer.

MCT’s development in Medini is a near replica of the third phase in its flagship mixed development in USJ Subang called OneCity.

Like that phase, d’Pristine @ Medini will integrate two blocks of small office flexible offices (SoFos), an office block, a hotel and a mall as the base of all these components.

With a gross development value of RM850mil, d’Pristine is strategically sited across the road from the entrance of the Legoland theme park, and will be a stone’s throw away from other facilities under construction, like Gleneagles, Afiniti urban wellness centre by Khazanah Nasional Bhd and Singapore’s Temasek Holdings (Pvt) Ltd, and a transportation hub which is being planned.

At the back of the project is a lake and linear park that will be managed by the authorities.

The SoFos are already 70% sold, with 60% of the buyers from Singapore and some from Taiwan and Japan.

“We have plans to manage the SoFos as well, to help our investors, especially those overseas, manage their units here,” he says.

About 1,265 SoFo units in d’Pristine are priced between RM600 and RM800 per sq ft. In the Flagship A property market, similar properties are going at over RM1,000 per sq ft.

The units range from one-room at 644 sq ft to 3+1 rooms at 1,416 sq ft.

As for the 32-storey Grade A offices, the group is considering selling en bloc or floor by floor, depending on the demand.

“Many Singaporean companies or multinationals are prepared to relocate their back-end offices to Medini, while still having their headquarters in Singapore for the address.

MCT will retain the mall and four-star hotel for ownership and recurring income. “We want to show our buyers our commitment by maintaining our ownership so that we will have a say in the whole project,” Soo says.

The three-storey mall will have about 460,000 sq ft of net lettable space while the hotel is designed with 300 rooms.

Although plans for the hotel are not finalised, Soo says it would likely be managed by MCT.

Target for completion of the d’Pristine project will be in late-2017 or early 2018.

MCT will be listed via a reverse take-over of GW Plastics Holdings Bhd. The property group is in the process of finalising its audited interim financials for the purpose of inclusion into the circular for the proposed regularisation plan, which it had resubmitted to the Securities Commission last week.

The corporate exercise could be completed by the last quarter this year.

what the big news here............

limit up today hehe..........

at least 7 years.......

DATUK CHAI WOON CHET acquired 5,150,000 shares yesterday...........

the darkness of instaco...........q at 0.20

http://www.theedgemalaysia.com/highlights/296499-stocks-to-watch-gamuda-fima-airasia-aqrs-bina-puri-masteel-puncak-magni-tech-crescendo-hl.html