https://asia.nikkei.com/Business/Markets/Nikkei-Markets/World-Bank-sharply-cuts-Malaysia-s-2018-growth-view

Dow crash 800 point..

https://www.cnbc.com/2018/10/10/us-markets-bond-yields-and-data-in-focus.html

Tq very very very Much To kimhaolian... U did a good job and the best thing u have an ability and responsibility to inform all of us.. Everybody in this forum should thank u..

And pse remember dps already won the case and msig appeal the case..

And this is between the msig and dps...

Jacky... What do u mean? As a boss, u will also want yr share up...

20 million is already in company account. Just wait for the appeal from msig. From my research dps will win this case and 20 million will be add as company asset/profit.

Istana Kehakiman, Putrajaya

No lah... Not mahkamah tinggi shah alam.. Mahkamah Rayuan Putrajaya...

Sold all today.. Move to another good counter..DPS
Waiting to win the court case on 11 March 16
Will get RM 20 million if won the case...

Duit pun sudah masuk dalam akaun.. Tunggu menang kes aje...

The Board of Directors of DPS wishes to announce the following update to the Material Litigation.

SSB had on 29 December 2012 filed a suit at the High Court in Shah Alam against MSIG to recover the loss and damages of RM24,219,074.00 ("Fire Claim") as a result of MSIG repudiating the claims made by SSB under the fire insurance policies taken up by SSB from MSIG for the Fire incidents. MSIG had on 25 February 2013 filed its Statement of Defence disputing the Fire Claim.

On 26 September 2014, the Court had allowed SSB's claim and had awarded SSB a sum of RM19,496,398.90 ("Judgment Sum") and the cost of RM50,000.00 together with the interest rate of 5% per annum to be calculated from 14 July 2011 until the full and final settlement of the same ("Judgment"). MSIG subsequently filed a notice of appeal to the Court of Appeal against the Judgment and made an application for stay of execution of the Judgment with the High Court on 20 October 2014.

On 17 November 2014, High Court allowed the stay of execution of the Judgment but ordered the Judgment Sum be deposited into the plaintiff's solicitor account.

15 hari lagi... Hopefully dps win the case and get RM 20 M....

This announcement is dated 22 January 2016.

We refer to the announcements made on 29 September 2014, 29 October 2014, 25 June 2015, 26 October 2015, 5 November 2015 and 30 November 2015 in relation to the Material Litigation ("Announcement"). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

The Board of Directors of DPS wishes to announce the following update to the Material Litigation.

On 14 January 2016, the solicitors acting for SSB had received a fax from the Court of Appeal informing them that the case fixed for hearing on 15 January 2016 had to be postponed as one of the judge sitting in the panel judges for the hearing, had been assigned to sit on a special panel for urgent and priority cases fixed for 15 January 2016. On attending court on the 15 January 2016, the Court had given the earliest hearing date available to the court, which is the 11th of March 2016.

The solicitors acting for SSB are of the opinion that, based on the numerous rulings made by the Court on admission of documents and the testimonies of witnesses and experts from SSB and MSIG, SSB has a reasonably fair chance of sucess in dismissing MSIG's appeal against the Judgment.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4983753

Dow closes at 2-year low, dogged by global market turmoil. The Dow industrials and S&P 500 rang up their fifth losing day in a row Thursday, falling amid a global rout led by tumbling oil prices and losses in financial stocks.

http://www.marketwatch.com/story/dow-futures-sink-more-than-200-points-as-global-rout-gains-pace-2016-02-11?link=MW_popular

The postponed of the date was only make known one day before the d-day on 14 Jan 16 by fax from Court of Appeal. So, it is ridiculous that some us already said before that, they know what is the result....

so, we have to wait until 11th of March 2016.

This announcement is dated 22 January 2016.

We refer to the announcements made on 29 September 2014, 29 October 2014, 25 June 2015, 26 October 2015, 5 November 2015 and 30 November 2015 in relation to the Material Litigation ("Announcement"). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.

The Board of Directors of DPS wishes to announce the following update to the Material Litigation.

On 14 January 2016, the solicitors acting for SSB had received a fax from the Court of Appeal informing them that the case fixed for hearing on 15 January 2016 had to be postponed as one of the judge sitting in the panel judges for the hearing, had been assigned to sit on a special panel for urgent and priority cases fixed for 15 January 2016. On attending court on the 15 January 2016, the Court had given the earliest hearing date available to the court, which is the 11th of March 2016.

The solicitors acting for SSB are of the opinion that, based on the numerous rulings made by the Court on admission of documents and the testimonies of witnesses and experts from SSB and MSIG, SSB has a reasonably fair chance of sucess in dismissing MSIG's appeal against the Judgment.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4983753

KUALA LUMPUR(Feb 10): Compugates Perak Sdn Bhd(CPSB), a wholly owned subsidiary of Compugates Holdings Bhd has been awarded a Letter of Offer by Lower Sepik Holdings Ltd (LSHL) for a logging and marketing contract in Papua New Guinea (PNG).

Today, Compugates told the exchange that CPSB was invited at its earliest convenience to enter Lower Sepik Forest Area within the Angoram District, East Sepik Province, PNG comprising of about 70,000 hectares (approximately 172,973 acres) of forested land, to carry out such evaluation and assessments as CPSB considers necessary to assist in its final decision whether to enter into a binding commercial enterprise with LSHL or not.

http://www.theedgemarkets.com/my/article/compugates-unit-awarded-offer-png-logging-and-marketing-contract

Comfort will continue it's success and profit this year... so don't worry...

Comfort Gloves’ 3Q profit up almost 11 times after expansion
Published: 11 December 2015 8:23 PM

Comfort Gloves Bhd's performance in its third quarter ended October 31, 2015 (3QFY16) continued to show the fruits of its expansion exercise this year, when net profit came in almost 11 times higher year-on-year (y-o-y) at RM7.17 million from RM672,000 previously.

Revenue for the quarter under review rose 59.6% y-o-y to RM61.28 million from RM38.39 million, according to the company's Bursa Malaysia filing today. The company was formerly known as Integrated Rubber Corp Bhd.

"The contribution mainly resulted from (a) successful expansion plan that was carried out throughout this year," Comfort Gloves said in the explanatory notes accompanying its 3QFY16 financials.

The Perak-based glove maker also pointed out there was a quarter-on-quarter improvement in 3QFY16. In 2QFY16, Comfort Gloves netted RM4.98 million in profit on the back of RM57.34 million in revenue.
"In this quarter, the management concentrated on cost reduction in utilities and direct materials usage," the company said, noting its gross margin in 3QFY16 improved to 16.54% from the preceding quarter's 11.73%.

On a cumulative basis (9MFY16), Comfort Gloves' net profit rose a little over 10 times to RM16.26 million from RM1.59 million.

Its 9MFY16 revenue came in 51.2% higher y-o-y at RM171.2 million, from RM113.22 million previously.

Looking ahead, Comfort Gloves said it expects the demand and consumption of rubber gloves in Asia and other emerging economies to increase, on the back of rising awareness in healthcare.

- See more at: http://www.themalaysianinsider.com/business/article/comfort-gloves-3q-profit-up-almost-11-times-after-expansion#sthash.3EP6n20V.dpuf

Agreed... if fire claim granted.. TP should be more than 20c..

It's also not included interest rate of 5% per annum (around 1 million a year) to be calculated from 14 July 2011 until the full and final settlement.

As mentioned above, in 15 Jan 2016 there will be a court case involving DPS, . If DPS wins, and got RM19.5 Million ("Judgment Sum") and the cost of RM50K...the price will sure rocket.........

MATERIAL LITIGATION DPS RESOURCES BERHAD ("DPS" or "COMPANY") Shantawood Sdn. Bhd. ("SSB") ("Plaintiff") vs Hong Leong MSIG Takaful Berhad ("MSIG") ("Defendant") High Court of Shah Alam Civil No. 22NCVC-1488-12/2012

On 26 September 2014, the Court had allowed SSB's claim and had awarded SSB a sum of RM19,496,398.90 ("Judgment Sum") and the cost of RM50,000.00 together with the interest rate of 5% per annum to be calculated from 14 July 2011 until the full and final settlement of the same ("Judgment"). MSIG subsequently filed a notice of appeal to the Court of Appeal against the Judgment and made an application for stay of execution of the Judgment with the High Court on 20 October 2014.

On 17 November 2014, High Court allowed the stay of execution of the Judgment but ordered the Judgment Sum be deposited into the plaintiff's solicitor account.

Numerous case management had been held pending compiling, finalising, filing of documents for appeal. Finally, the voluminous notes of evidence of more than 30 witnesses has been completed and is pending filing. On 16 June 2015, the Court has fixed the matter for hearing before a panel of 3 judges on 21 October 2015.This was postponed to 15 Jan 2016.

The solocitors acting for SSB is of the opinion that, based on the numerous rulings made by the Court on admission of documents and the testimonies of witnesses and experts from SSB and MSIG, SSB has a reasonably fair chance of sucess in dismissing MSIG's appeal against the Judgment.

Very good company and mamagement.. i am q now.. so pse jgn naik dulu..

If we compare in term of business, systech is 10x much better than xox

U will never know.. What min price if they crash.. 1997 case RM 7 share crash until .50c...

Oil finishes under $60, a fresh 5-year low

Oil finishes under $60, a fresh 5-year low

The stock market, inevitably, is going to crash - MarketWatch - http://www.marketwatch.com/story/the-stock-market-inevitably-is-going-to-crash-2014-10-17

The stock market, inevitably, is going to crash - MarketWatch - http://www.marketwatch.com/story/the-stock-market-inevitably-is-going-to-crash-2014-10-17

This is the most dangerous stock market since 2008 - MarketWatch - http://www.marketwatch.com/story/this-is-the-most-dangerous-stock-market-since-2008-2014-10-13

Manage to sell all. Stay away from the market now.. really fear..

The Star 10 Oct 2014 . The Malaysian stock market should be able to withstand the tide of foreign selling by foreign fund managers as the economy is fundamentally strong, according to Kenanga Investment Bank Bhd.

“There is nothing to worry, the exit of foreign investors is part and parcel of market cycles. I do not think there is anything more to it. These are cycles that are normal to the market, as investors will invest and divest, depending on their portfolio rebalancing needs,” Kenanga executive director and head of equity broking Lee Kok Khee said at a briefing.

“If you look at the profile of the Malaysian market, it is a good mix of both domestic and foreign institutions.

“The Malaysian market is actually anchored by the local institutions that give us a very strong base and demand,” he added.

According to Bursa Malaysia statistics cited by Kenanga, local institutions have been the biggest traders in the local stock exchange in the past three years and had accounted for 50.54% of the average monthly trading value of RM89bil from January 2014 to July 2014.

Foreign institutions accounted for 24.73% of all trades on Bursa Malaysia, while retail participation had matched foreign participation in this period.

Retailers had also seen an increased trend of trading participation on the local bourse from 22.1% of the average trading values in 2012 to 21.75% in 2013.

Malaysian market can withstand foreign money exit - Business News | The Star Online - http://www.thestar.com.my/Business/Business-News/2014/10/10/Market-can-withstand-foreign-exit-Economy-fundamentally-strong-foreign-selling-part-and-parcel-of-ma/

The Star 10 Oct 2014 . The Malaysian stock market should be able to withstand the tide of foreign selling by foreign fund managers as the economy is fundamentally strong, according to Kenanga Investment Bank Bhd.

“There is nothing to worry, the exit of foreign investors is part and parcel of market cycles. I do not think there is anything more to it. These are cycles that are normal to the market, as investors will invest and divest, depending on their portfolio rebalancing needs,” Kenanga executive director and head of equity broking Lee Kok Khee said at a briefing.

“If you look at the profile of the Malaysian market, it is a good mix of both domestic and foreign institutions.

“The Malaysian market is actually anchored by the local institutions that give us a very strong base and demand,” he added.

According to Bursa Malaysia statistics cited by Kenanga, local institutions have been the biggest traders in the local stock exchange in the past three years and had accounted for 50.54% of the average monthly trading value of RM89bil from January 2014 to July 2014.

Foreign institutions accounted for 24.73% of all trades on Bursa Malaysia, while retail participation had matched foreign participation in this period.

Retailers had also seen an increased trend of trading participation on the local bourse from 22.1% of the average trading values in 2012 to 21.75% in 2013.

Malaysian market can withstand foreign money exit - Business News | The Star Online - http://www.thestar.com.my/Business/Business-News/2014/10/10/Market-can-withstand-foreign-exit-Economy-fundamentally-strong-foreign-selling-part-and-parcel-of-ma/

But knowing Brahmal and Credor... No matter TP 1.50, 2.35 ke atau berapa.. Unpredictable.. usually saham dia naik atleast 200% atau 300% dpd harga asal....

SMRT HOLDINGS BERHAD (659523-T)
(Incorporated in Malaysia)

NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of SMRT Holdings Berhad (“Company”) will be held at Unit 13-7 (Level 7), Signature Office (Block A), The Boulevard, Mid Valley City, Lingkaran Syed Putra, 59200 Kuala Lumpur on Friday, 10 October 2014 at 10.00 a.m. for the purpose of considering and, if thought fit, passing with or without modification the following resolution :

SPECIAL RESOLUTION

PROPOSED AMENDMENTS TO THE ARTICLES OF ASSOCIATION OF THE COMPANY
“THAT subject to the approval of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Securities Commission Malaysia and other relevant government and/or regulatory authorities on the "PROPOSED TRANSFER" of listing of the Company from the 'ACE MARKET' to the "MAIN MARKET" of Bursa Securities.......


BY ORDER OF THE BOARD

WONG YOUN KIM (MAICSA NO. 7018778)
YIP SIEW CHENG (MAICSA NO. 7006780)

Company Secretaries
Kuala Lumpur

18 September 2014

SMRT Holdings Berhad (F.K.A. SMR Technologies Berhad) (659523-T) l Annual Report 2013

Profit After Tax:

Year 2010 : 0.136M
Year 2011 : 8.333M
Year 2012 : 8,568M
Year 2013 : 8.250M

Key Financial Position (RM’000):

Total Assets: 63,398
Total Liabilities: 3,591
Cash & Cash equivalents: 4,013
Total borowings: 1,894
Issued and paid up Capital: 19,478
Shareholders’ Fund: 59,682

Share Information (RM’000):

Net Earnings per share (Basic) (sen): 4.26
Net Earnings per share (Diluted) (sen): 4.23
Net Assets per share (sen): 30.70
Market Capitalisation at 31st December: 42,852

Financial Ratios:

Return on total asset(%): 16.20%
Price to earnings ratio (times): 5.16

Either Brahmal in or out... is not a matter.. smart is very good in term of business and profit..

For long term investment, Smrt is ok..very good profit every year.. also dividend...don't have to worry about loss.. so far confirm profit every year..

So slow... sell and buy another counter...