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2020-09-30 12:23 | Report Abuse
tg tp at current qr at 7.90 & super at 7.20
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2020-09-30 12:21 | Report Abuse
tg price at current rq at 7.90 & super at 7.20
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2020-09-30 10:41 | Report Abuse
price test coming by this week
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2020-09-30 10:40 | Report Abuse
price test coming by this week
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2020-09-30 10:39 | Report Abuse
price test coming by this week
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2020-09-30 10:38 | Report Abuse
price test coming by this week
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2020-09-29 09:18 | Report Abuse
possible heavy selling again
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2020-09-24 11:00 | Report Abuse
10 COVID-19 vaccine enters third phase clinical test
A total of 10 COVID-19 vaccines have entered the third phase clinical test involving attempts against humans.
This third phase is most important because it involves volunteers on a larger scale and this phase will also determine the vaccine effective or otherwise.
For example, Johnson & Johnson's company who also entered the race to produce COVID-19 vaccines, will use 60,000 volunteers to test their vaccines named Adenovirus 26 or Ad26.
The mRNA vaccine produced by German, BioNTech companies in cooperation with Pfizer and Phosun Phrlarma from China used 30,000 volunteers for tests in the United States, Brazil, Germany, and then added 43,000 volunteers.
According to the U.S. FDA, one new vaccine produced is considered successful if it can protect 50 % of volunteers from being infected with diseases.
Out of these 10 potential vaccines, five have received early or limited approval even though the third phase test has not been obtained.
Out of the five vaccines, four companies produced from China and one from Russia.
However, experts protest the initial approval given by several countries against vaccines that have not yet passed the third phase.
Russian Pesiden, Vladimir V. Putin had to withdraw the announcement he made that Russia had approved the vaccine, Sputnik V.
After having protested experts who were concerned with side effects, Putin said, the approval that was announced before depends on the third phase test result.
Although it is not known to its effectiveness, several countries have negotiated Russia to get the vaccine between India and Brazil.
UAE and China have reportedly given early approval to two vaccines that are still in the third phase test stage.
UAE has given early approval to vaccines produced by the Wuhan Institute Biological Product funded by Sinopharm company. The vaccine is only for health officers in UAE.
China's military military was reportedly given early approval to get the Ad5 vaccine that gave positive results in the second phase clinical test.
Chinese government reportedly gave emergency approval to vaccines known CoronaVac last July for limited use
While still in phase three clinical test, the vaccine manufacturer company, Sinovac has sealed the deal to supply the vaccine to Indonesia.
Web Source MD, AFP, New York Times
Stock
2020-09-24 11:00 | Report Abuse
10 COVID-19 vaccine enters third phase clinical test
A total of 10 COVID-19 vaccines have entered the third phase clinical test involving attempts against humans.
This third phase is most important because it involves volunteers on a larger scale and this phase will also determine the vaccine effective or otherwise.
For example, Johnson & Johnson's company who also entered the race to produce COVID-19 vaccines, will use 60,000 volunteers to test their vaccines named Adenovirus 26 or Ad26.
The mRNA vaccine produced by German, BioNTech companies in cooperation with Pfizer and Phosun Phrlarma from China used 30,000 volunteers for tests in the United States, Brazil, Germany, and then added 43,000 volunteers.
According to the U.S. FDA, one new vaccine produced is considered successful if it can protect 50 % of volunteers from being infected with diseases.
Out of these 10 potential vaccines, five have received early or limited approval even though the third phase test has not been obtained.
Out of the five vaccines, four companies produced from China and one from Russia.
However, experts protest the initial approval given by several countries against vaccines that have not yet passed the third phase.
Russian Pesiden, Vladimir V. Putin had to withdraw the announcement he made that Russia had approved the vaccine, Sputnik V.
After having protested experts who were concerned with side effects, Putin said, the approval that was announced before depends on the third phase test result.
Although it is not known to its effectiveness, several countries have negotiated Russia to get the vaccine between India and Brazil.
UAE and China have reportedly given early approval to two vaccines that are still in the third phase test stage.
UAE has given early approval to vaccines produced by the Wuhan Institute Biological Product funded by Sinopharm company. The vaccine is only for health officers in UAE.
China's military military was reportedly given early approval to get the Ad5 vaccine that gave positive results in the second phase clinical test.
Chinese government reportedly gave emergency approval to vaccines known CoronaVac last July for limited use
While still in phase three clinical test, the vaccine manufacturer company, Sinovac has sealed the deal to supply the vaccine to Indonesia.
Web Source MD, AFP, New York Times
Stock
2020-09-24 10:43 | Report Abuse
10 COVID-19 vaccine enters third phase clinical test
A total of 10 COVID-19 vaccines have entered the third phase clinical test involving attempts against humans.
This third phase is most important because it involves volunteers on a larger scale and this phase will also determine the vaccine effective or otherwise.
For example, Johnson & Johnson's company who also entered the race to produce COVID-19 vaccines, will use 60,000 volunteers to test their vaccines named Adenovirus 26 or Ad26.
The mRNA vaccine produced by German, BioNTech companies in cooperation with Pfizer and Phosun Phrlarma from China used 30,000 volunteers for tests in the United States, Brazil, Germany, and then added 43,000 volunteers.
According to the U.S. FDA, one new vaccine produced is considered successful if it can protect 50 % of volunteers from being infected with diseases.
Out of these 10 potential vaccines, five have received early or limited approval even though the third phase test has not been obtained.
Out of the five vaccines, four companies produced from China and one from Russia.
However, experts protest the initial approval given by several countries against vaccines that have not yet passed the third phase.
Russian Pesiden, Vladimir V. Putin had to withdraw the announcement he made that Russia had approved the vaccine, Sputnik V.
After having protested experts who were concerned with side effects, Putin said, the approval that was announced before depends on the third phase test result.
Although it is not known to its effectiveness, several countries have negotiated Russia to get the vaccine between India and Brazil.
UAE and China have reportedly given early approval to two vaccines that are still in the third phase test stage.
UAE has given early approval to vaccines produced by the Wuhan Institute Biological Product funded by Sinopharm company. The vaccine is only for health officers in UAE.
China's military military was reportedly given early approval to get the Ad5 vaccine that gave positive results in the second phase clinical test.
Chinese government reportedly gave emergency approval to vaccines known CoronaVac last July for limited use
While still in phase three clinical test, the vaccine manufacturer company, Sinovac has sealed the deal to supply the vaccine to Indonesia.
Web Source MD, AFP, New York Times
Stock
2020-09-24 10:42 | Report Abuse
10 COVID-19 vaccine enters third phase clinical test
A total of 10 COVID-19 vaccines have entered the third phase clinical test involving attempts against humans.
This third phase is most important because it involves volunteers on a larger scale and this phase will also determine the vaccine effective or otherwise.
For example, Johnson & Johnson's company who also entered the race to produce COVID-19 vaccines, will use 60,000 volunteers to test their vaccines named Adenovirus 26 or Ad26.
The mRNA vaccine produced by German, BioNTech companies in cooperation with Pfizer and Phosun Phrlarma from China used 30,000 volunteers for tests in the United States, Brazil, Germany, and then added 43,000 volunteers.
According to the U.S. FDA, one new vaccine produced is considered successful if it can protect 50 % of volunteers from being infected with diseases.
Out of these 10 potential vaccines, five have received early or limited approval even though the third phase test has not been obtained.
Out of the five vaccines, four companies produced from China and one from Russia.
However, experts protest the initial approval given by several countries against vaccines that have not yet passed the third phase.
Russian Pesiden, Vladimir V. Putin had to withdraw the announcement he made that Russia had approved the vaccine, Sputnik V.
After having protested experts who were concerned with side effects, Putin said, the approval that was announced before depends on the third phase test result.
Although it is not known to its effectiveness, several countries have negotiated Russia to get the vaccine between India and Brazil.
UAE and China have reportedly given early approval to two vaccines that are still in the third phase test stage.
UAE has given early approval to vaccines produced by the Wuhan Institute Biological Product funded by Sinopharm company. The vaccine is only for health officers in UAE.
China's military military was reportedly given early approval to get the Ad5 vaccine that gave positive results in the second phase clinical test.
Chinese government reportedly gave emergency approval to vaccines known CoronaVac last July for limited use
While still in phase three clinical test, the vaccine manufacturer company, Sinovac has sealed the deal to supply the vaccine to Indonesia.
Web Source MD, AFP, New York Times
Stock
2020-09-24 10:42 | Report Abuse
10 COVID-19 vaccine enters third phase clinical test
A total of 10 COVID-19 vaccines have entered the third phase clinical test involving attempts against humans.
This third phase is most important because it involves volunteers on a larger scale and this phase will also determine the vaccine effective or otherwise.
For example, Johnson & Johnson's company who also entered the race to produce COVID-19 vaccines, will use 60,000 volunteers to test their vaccines named Adenovirus 26 or Ad26.
The mRNA vaccine produced by German, BioNTech companies in cooperation with Pfizer and Phosun Phrlarma from China used 30,000 volunteers for tests in the United States, Brazil, Germany, and then added 43,000 volunteers.
According to the U.S. FDA, one new vaccine produced is considered successful if it can protect 50 % of volunteers from being infected with diseases.
Out of these 10 potential vaccines, five have received early or limited approval even though the third phase test has not been obtained.
Out of the five vaccines, four companies produced from China and one from Russia.
However, experts protest the initial approval given by several countries against vaccines that have not yet passed the third phase.
Russian Pesiden, Vladimir V. Putin had to withdraw the announcement he made that Russia had approved the vaccine, Sputnik V.
After having protested experts who were concerned with side effects, Putin said, the approval that was announced before depends on the third phase test result.
Although it is not known to its effectiveness, several countries have negotiated Russia to get the vaccine between India and Brazil.
UAE and China have reportedly given early approval to two vaccines that are still in the third phase test stage.
UAE has given early approval to vaccines produced by the Wuhan Institute Biological Product funded by Sinopharm company. The vaccine is only for health officers in UAE.
China's military military was reportedly given early approval to get the Ad5 vaccine that gave positive results in the second phase clinical test.
Chinese government reportedly gave emergency approval to vaccines known CoronaVac last July for limited use
While still in phase three clinical test, the vaccine manufacturer company, Sinovac has sealed the deal to supply the vaccine to Indonesia.
Web Source MD, AFP, New York Times
Stock
2020-09-24 10:41 | Report Abuse
10 COVID-19 vaccine enters third phase clinical test
A total of 10 COVID-19 vaccines have entered the third phase clinical test involving attempts against humans.
This third phase is most important because it involves volunteers on a larger scale and this phase will also determine the vaccine effective or otherwise.
For example, Johnson & Johnson's company who also entered the race to produce COVID-19 vaccines, will use 60,000 volunteers to test their vaccines named Adenovirus 26 or Ad26.
The mRNA vaccine produced by German, BioNTech companies in cooperation with Pfizer and Phosun Phrlarma from China used 30,000 volunteers for tests in the United States, Brazil, Germany, and then added 43,000 volunteers.
According to the U.S. FDA, one new vaccine produced is considered successful if it can protect 50 % of volunteers from being infected with diseases.
Out of these 10 potential vaccines, five have received early or limited approval even though the third phase test has not been obtained.
Out of the five vaccines, four companies produced from China and one from Russia.
However, experts protest the initial approval given by several countries against vaccines that have not yet passed the third phase.
Russian Pesiden, Vladimir V. Putin had to withdraw the announcement he made that Russia had approved the vaccine, Sputnik V.
After having protested experts who were concerned with side effects, Putin said, the approval that was announced before depends on the third phase test result.
Although it is not known to its effectiveness, several countries have negotiated Russia to get the vaccine between India and Brazil.
UAE and China have reportedly given early approval to two vaccines that are still in the third phase test stage.
UAE has given early approval to vaccines produced by the Wuhan Institute Biological Product funded by Sinopharm company. The vaccine is only for health officers in UAE.
China's military military was reportedly given early approval to get the Ad5 vaccine that gave positive results in the second phase clinical test.
Chinese government reportedly gave emergency approval to vaccines known CoronaVac last July for limited use
While still in phase three clinical test, the vaccine manufacturer company, Sinovac has sealed the deal to supply the vaccine to Indonesia.
Web Source MD, AFP, New York Times
Stock
2020-09-24 10:41 | Report Abuse
10 COVID-19 vaccine enters third phase clinical test
A total of 10 COVID-19 vaccines have entered the third phase clinical test involving attempts against humans.
This third phase is most important because it involves volunteers on a larger scale and this phase will also determine the vaccine effective or otherwise.
For example, Johnson & Johnson's company who also entered the race to produce COVID-19 vaccines, will use 60,000 volunteers to test their vaccines named Adenovirus 26 or Ad26.
The mRNA vaccine produced by German, BioNTech companies in cooperation with Pfizer and Phosun Phrlarma from China used 30,000 volunteers for tests in the United States, Brazil, Germany, and then added 43,000 volunteers.
According to the U.S. FDA, one new vaccine produced is considered successful if it can protect 50 % of volunteers from being infected with diseases.
Out of these 10 potential vaccines, five have received early or limited approval even though the third phase test has not been obtained.
Out of the five vaccines, four companies produced from China and one from Russia.
However, experts protest the initial approval given by several countries against vaccines that have not yet passed the third phase.
Russian Pesiden, Vladimir V. Putin had to withdraw the announcement he made that Russia had approved the vaccine, Sputnik V.
After having protested experts who were concerned with side effects, Putin said, the approval that was announced before depends on the third phase test result.
Although it is not known to its effectiveness, several countries have negotiated Russia to get the vaccine between India and Brazil.
UAE and China have reportedly given early approval to two vaccines that are still in the third phase test stage.
UAE has given early approval to vaccines produced by the Wuhan Institute Biological Product funded by Sinopharm company. The vaccine is only for health officers in UAE.
China's military military was reportedly given early approval to get the Ad5 vaccine that gave positive results in the second phase clinical test.
Chinese government reportedly gave emergency approval to vaccines known CoronaVac last July for limited use
While still in phase three clinical test, the vaccine manufacturer company, Sinovac has sealed the deal to supply the vaccine to Indonesia.
Web Source MD, AFP, New York Times
Stock
2020-09-23 14:53 | Report Abuse
Tun Mahathir related counters:
• Berjaya Assets Bhd, Berjaya Corporation Bhd, Berjaya Food Bhd, Berjaya Land Bhd, Berjaya Media Bhd & Berjaya Sports Toto Bhd - Owned by Tan Sri Dato' Seri Vincent Tan Chee Yioun, who enjoys close ties with Mahathir Mohamad.
• Bermaz Auto Bhd - The major shareholder is Tan Sri Dato' Seri Vincent Tan Chee Yioun.
• Country Heights Holdings Berhad - Owned by Tan Sri Lee Kim Tiong @ Lee Kim Yew, a close friend of Mahathir who reportedly voiced his criticism on Najib Razak.
• PPB Group Bhd and Malaysian Bulk Carriers Bhd - Robert Kuok, who sits on a special council of advisers established by Tun Mahathir in 2018.
• Opcom Holdings Bhd - His son Mukhriz Mahathir is one of the major shareholders.
• Petron Corporation - Become one of the fuel suppliers to the government in Aug 2018. Mirzan Mahathir sits on the board of directors.
Datuk Seri Anwar Ibrahim related counters:
• MUI Properties Bhd, Malayan United Industries Bhd (MUI Group), Pan Malaysia Holdings Bhd and Advance Synergy Bhd (ASB) - His younger sister Datuk Farizon Ibrahim sits on the board of directors.
Tan Sri Muhyiddin Yassin related counters:
• Eden Inc Bhd and Thriven Global Bhd - Linked to Fakhri Yassin Mahiaddin, son of Tan Sri Muhyiddin Yassin.
Datuk Seri Najib Razak related counters:
• Sersol Berhad - Najib's son, Mohd Nazifuddin Najib, is a substantial shareholder previously until end 2018.
• George Kent Malaysia Bhd and Johan Holdings - Najib's close friend, Tan Sri Dato’ Tan Kay Hock.
• Malton Bhd - Famous with the KL Pavilion development in the golden triangle (housed one of the residences of Najib and Rosmah) by Tan Sri Desmond Lim Siew Choon, who has close ties with Najib.
• WCT Holdings Bhd - Another company controlled by Tan Sri Desmond Lim Siew Choon.
• AMMB Holdings Bhd - One of the largest banking groups that handle a slew of 1MDB scandal kind of accounts and transactions.
Barisan Nasional related counters:
• MyEG - The e-government services firm that was Wong Thean Soon builds, have a very close ties with the previous BN government.
• Excel Force - Another company linked heavily to Wong Thean Soon of MyEG.
• Star Media - Owned by MCA may see a substantial rebound.
• Datasonic - Linked with a bribery/political donation case to current UMNO president Datuk Seri Dr Ahmad Zahid Hamidi.
Sarawak related counters:
• Cahya Mata Sarawak Bhd
• Sarawak Cable Bhd
Stock
2020-09-23 14:33 | Report Abuse
Tun Mahathir related counters:
• Berjaya Assets Bhd, Berjaya Corporation Bhd, Berjaya Food Bhd, Berjaya Land Bhd, Berjaya Media Bhd & Berjaya Sports Toto Bhd - Owned by Tan Sri Dato' Seri Vincent Tan Chee Yioun, who enjoys close ties with Mahathir Mohamad.
• Bermaz Auto Bhd - The major shareholder is Tan Sri Dato' Seri Vincent Tan Chee Yioun.
• Country Heights Holdings Berhad - Owned by Tan Sri Lee Kim Tiong @ Lee Kim Yew, a close friend of Mahathir who reportedly voiced his criticism on Najib Razak.
• PPB Group Bhd and Malaysian Bulk Carriers Bhd - Robert Kuok, who sits on a special council of advisers established by Tun Mahathir in 2018.
• Opcom Holdings Bhd - His son Mukhriz Mahathir is one of the major shareholders.
• Petron Corporation - Become one of the fuel suppliers to the government in Aug 2018. Mirzan Mahathir sits on the board of directors.
Datuk Seri Anwar Ibrahim related counters:
• MUI Properties Bhd, Malayan United Industries Bhd (MUI Group), Pan Malaysia Holdings Bhd and Advance Synergy Bhd (ASB) - His younger sister Datuk Farizon Ibrahim sits on the board of directors.
Tan Sri Muhyiddin Yassin related counters:
• Eden Inc Bhd and Thriven Global Bhd - Linked to Fakhri Yassin Mahiaddin, son of Tan Sri Muhyiddin Yassin.
Datuk Seri Najib Razak related counters:
• Sersol Berhad - Najib's son, Mohd Nazifuddin Najib, is a substantial shareholder previously until end 2018.
• George Kent Malaysia Bhd and Johan Holdings - Najib's close friend, Tan Sri Dato’ Tan Kay Hock.
• Malton Bhd - Famous with the KL Pavilion development in the golden triangle (housed one of the residences of Najib and Rosmah) by Tan Sri Desmond Lim Siew Choon, who has close ties with Najib.
• WCT Holdings Bhd - Another company controlled by Tan Sri Desmond Lim Siew Choon.
• AMMB Holdings Bhd - One of the largest banking groups that handle a slew of 1MDB scandal kind of accounts and transactions.
Barisan Nasional related counters:
• MyEG - The e-government services firm that was Wong Thean Soon builds, have a very close ties with the previous BN government.
• Excel Force - Another company linked heavily to Wong Thean Soon of MyEG.
• Star Media - Owned by MCA may see a substantial rebound.
• Datasonic - Linked with a bribery/political donation case to current UMNO president Datuk Seri Dr Ahmad Zahid Hamidi.
Sarawak related counters:
• Cahya Mata Sarawak Bhd
• Sarawak Cable Bhd
Stock
2020-09-23 12:10 | Report Abuse
Tun Mahathir related counters:
• Berjaya Assets Bhd, Berjaya Corporation Bhd, Berjaya Food Bhd, Berjaya Land Bhd, Berjaya Media Bhd & Berjaya Sports Toto Bhd - Owned by Tan Sri Dato' Seri Vincent Tan Chee Yioun, who enjoys close ties with Mahathir Mohamad.
• Bermaz Auto Bhd - The major shareholder is Tan Sri Dato' Seri Vincent Tan Chee Yioun.
• Country Heights Holdings Berhad - Owned by Tan Sri Lee Kim Tiong @ Lee Kim Yew, a close friend of Mahathir who reportedly voiced his criticism on Najib Razak.
• PPB Group Bhd and Malaysian Bulk Carriers Bhd - Robert Kuok, who sits on a special council of advisers established by Tun Mahathir in 2018.
• Opcom Holdings Bhd - His son Mukhriz Mahathir is one of the major shareholders.
• Petron Corporation - Become one of the fuel suppliers to the government in Aug 2018. Mirzan Mahathir sits on the board of directors.
Datuk Seri Anwar Ibrahim related counters:
• MUI Properties Bhd, Malayan United Industries Bhd (MUI Group), Pan Malaysia Holdings Bhd and Advance Synergy Bhd (ASB) - His younger sister Datuk Farizon Ibrahim sits on the board of directors.
Tan Sri Muhyiddin Yassin related counters:
• Eden Inc Bhd and Thriven Global Bhd - Linked to Fakhri Yassin Mahiaddin, son of Tan Sri Muhyiddin Yassin.
Datuk Seri Najib Razak related counters:
• Sersol Berhad - Najib's son, Mohd Nazifuddin Najib, is a substantial shareholder previously until end 2018.
• George Kent Malaysia Bhd and Johan Holdings - Najib's close friend, Tan Sri Dato’ Tan Kay Hock.
• Malton Bhd - Famous with the KL Pavilion development in the golden triangle (housed one of the residences of Najib and Rosmah) by Tan Sri Desmond Lim Siew Choon, who has close ties with Najib.
• WCT Holdings Bhd - Another company controlled by Tan Sri Desmond Lim Siew Choon.
• AMMB Holdings Bhd - One of the largest banking groups that handle a slew of 1MDB scandal kind of accounts and transactions.
Barisan Nasional related counters:
• MyEG - The e-government services firm that was Wong Thean Soon builds, have a very close ties with the previous BN government.
• Excel Force - Another company linked heavily to Wong Thean Soon of MyEG.
• Star Media - Owned by MCA may see a substantial rebound.
• Datasonic - Linked with a bribery/political donation case to current UMNO president Datuk Seri Dr Ahmad Zahid Hamidi.
Sarawak related counters:
• Cahya Mata Sarawak Bhd
• Sarawak Cable Bhd
Stock
2020-09-23 12:09 | Report Abuse
Tun Mahathir related counters:
• Berjaya Assets Bhd, Berjaya Corporation Bhd, Berjaya Food Bhd, Berjaya Land Bhd, Berjaya Media Bhd & Berjaya Sports Toto Bhd - Owned by Tan Sri Dato' Seri Vincent Tan Chee Yioun, who enjoys close ties with Mahathir Mohamad.
• Bermaz Auto Bhd - The major shareholder is Tan Sri Dato' Seri Vincent Tan Chee Yioun.
• Country Heights Holdings Berhad - Owned by Tan Sri Lee Kim Tiong @ Lee Kim Yew, a close friend of Mahathir who reportedly voiced his criticism on Najib Razak.
• PPB Group Bhd and Malaysian Bulk Carriers Bhd - Robert Kuok, who sits on a special council of advisers established by Tun Mahathir in 2018.
• Opcom Holdings Bhd - His son Mukhriz Mahathir is one of the major shareholders.
• Petron Corporation - Become one of the fuel suppliers to the government in Aug 2018. Mirzan Mahathir sits on the board of directors.
Datuk Seri Anwar Ibrahim related counters:
• MUI Properties Bhd, Malayan United Industries Bhd (MUI Group), Pan Malaysia Holdings Bhd and Advance Synergy Bhd (ASB) - His younger sister Datuk Farizon Ibrahim sits on the board of directors.
Tan Sri Muhyiddin Yassin related counters:
• Eden Inc Bhd and Thriven Global Bhd - Linked to Fakhri Yassin Mahiaddin, son of Tan Sri Muhyiddin Yassin.
Datuk Seri Najib Razak related counters:
• Sersol Berhad - Najib's son, Mohd Nazifuddin Najib, is a substantial shareholder previously until end 2018.
• George Kent Malaysia Bhd and Johan Holdings - Najib's close friend, Tan Sri Dato’ Tan Kay Hock.
• Malton Bhd - Famous with the KL Pavilion development in the golden triangle (housed one of the residences of Najib and Rosmah) by Tan Sri Desmond Lim Siew Choon, who has close ties with Najib.
• WCT Holdings Bhd - Another company controlled by Tan Sri Desmond Lim Siew Choon.
• AMMB Holdings Bhd - One of the largest banking groups that handle a slew of 1MDB scandal kind of accounts and transactions.
Barisan Nasional related counters:
• MyEG - The e-government services firm that was Wong Thean Soon builds, have a very close ties with the previous BN government.
• Excel Force - Another company linked heavily to Wong Thean Soon of MyEG.
• Star Media - Owned by MCA may see a substantial rebound.
• Datasonic - Linked with a bribery/political donation case to current UMNO president Datuk Seri Dr Ahmad Zahid Hamidi.
Sarawak related counters:
• Cahya Mata Sarawak Bhd
• Sarawak Cable Bhd
Stock
2020-09-17 16:49 | Report Abuse
IB forcing margin call tactics again
Stock
2020-09-17 14:54 | Report Abuse
OBVIOUS HEAVY PROFITS TAKING
Stock
2020-09-17 14:13 | Report Abuse
TG valued shares based on all 4 QR is RM10.95
Stock
2020-09-15 16:44 | Report Abuse
superman possible correction this week soon
Stock
Stock
2020-09-15 00:26 | Report Abuse
CGS-CIMB Securities Sdn Bhd said that further equity injections in Empire cannot be ruled out, additional fundraising in the near term may be via the debt market as Empire is working on its bond offering.
CGS-CIMB, which forecasts Empire to be loss-making in the next five years, has cut its GenM share target price (TP) to RM2.70 from RM2.80, applying a 15% discount to GenM's revalued net asset value.
It maintains its "add" call on the casino operator, noting that a consolation for GenM is the more favourable terms of the Series L preference shares, with the conversion price into common shares at a 50% discount to earlier issuances.
"While we understand the rationale of the exercise, it is nonetheless a negative development for GenM, as we forecast Empire to be loss-making over the next five years (in line with Empire's projections in the amendment to its proxy statement, filed on Nov 8, 2019).
"The full recovery of casino volumes post-Covid-19 is a potential rerating catalyst [for GenM]," it said.
Hong Leong Investment Bank Bhd (HLIB) analyst Andrew Lim Ken-Wern said he views the fresh round of cash injection negatively in the near term.
"Nonetheless, the amount to be injected would raise GenM's net gearing to 0.37 times (from 0.34 times as at June 30), which is still manageable. We are not entirely surprised by this news as Empire had previously disclosed the need for capital injection alongside [its] restructuring of debt, which has now been further impacted by Covid-19," Lim wrote in a research note.
On a more positive note, Lim highlighted that both Resorts World Catskills (RWC) operated by Empire and Resorts World New York recommenced operations last Wednesday albeit with a 25% capacity limit.
"We gather that neighbouring states have shared improved receptions towards their respective reopening of casinos as well. Notably, RWC saw improvements [before the temporary closure in March due to the pandemic] since the new management [took] over," Lim commented.
He noted that in the period of January-February, RWC's revenue grew 31% while earnings before interest, taxes, depreciation and amortisation stood at US$2 million (compared with loss before interest, taxes, depreciation and amortisation of US$8 million a year ago). "As such, RWC should have a rather bright longer-term prospect once the pandemic ends," he said.
HLIB maintains its GenM TP of RM2.43 and "hold" call for the stock.
Stock
2020-09-15 00:23 | Report Abuse
Genting Malaysia will have more gaming space starting 15.09.2020 from 1pm onwards. It's time to visit Circus Palace!
Stock
Stock
2020-09-09 20:14 | Report Abuse
shares buyback not really a good news
Stock
2020-09-09 20:12 | Report Abuse
Good for company future but not shares price
Stock: [HARTA]: HARTALEGA HOLDINGS BHD
2020-09-30 12:34 | Report Abuse
tg tp at current rq at 7.90, harta at 14.7 & super at 7.20