https://www.theedgemarkets.com/article/airasia-group-expected-post-loss-rm11b-amid-covid19-outbreak

We know many businesses for the last few years were not doing well. So is a right time to reduce to 2% OPR if possible

A cut of 0.5% point is good as stimulus to Malaysia's economy, with the last OPR of 2.25% was somewhere in 2011. Also, it will help people to increase their disposable income and also their purchasing power.

forecast PE for 2020 of RM1.40 and taking into account of sliding profitability, than PE of 10x woulld be reasonable, hence, target price would be RM14

An offset meaning that the payment to companies related to Air Asia Group. In this case, it was to the sports team that not related to Air Asia. He is acting against the fiduciary duty as the director of the Company. His role here is to enhance the value of the shareholders not causing a damage to it. As for Airbus SE case, it is already a verdict and no longer allegations. AAX already lost so much from RM1.25 to RM0.12, 90% shrink in shareholders’ value. On corporate governance matter, he and his partner should not only resign as management team but in the Board of Directors as well to avoid the interference in the on-going investigations on this. Air Asia Group should revisit and enhance their internal procedures on gifts and gratuities. SC, MAVCOM, MACC and even ministry on transportation should form a steering committee to discuss on this matter. Bear in mind, this will affect our ranking of Corruption Perception Index going forward if this is not handle in tactical manners

Is not an offset as the payment was to his sports team, which has nothing to do with Air Asia Group. And it was not used as a rebate or discount for Air Asia future commitments.

Oversupply situation will get worse when major players complete their expansions of manufacturing lines. The Corona virus outbreak will peak soon. Number of cases and fatality rate are increasing at 28,262 with 562 deaths few hours ago. However, number of people recovered is at 1,208. Most likely would be contained within a month from now. As for those glove players, the Corona virus is just a temporary silver lining but it won't last. The oversupply situation will get worse in the future

He is acting against the fiduciary duty as the director of the Company. Your role here is to enhance the value of the shareholders not causing a damage to it. As for Airbus SE case, it is already a verdict and no longer allegations. AAX already lost so much from RM1.25 to RM0.12, 90% shrink in shareholders’ value. On corporate governance matter, he and his partner should not only resign as management team but in the Board of Directors as well to avoid the interference in the on-going investigations on this. Air Asia Group should revisit and enhance their internal procedures on gifts and gratuities. SC, MAVCOM, MACC and even ministry on transportation should form a steering committee to discuss on this matter. Bear in mind, this will affect our ranking of Corruption Perception Index going forward if this is not handle in tactical manners

He is acting against the fiduciary duty as the director of the Company. Your role here is to enhance the value of the shareholders not causing a damage to it. As for Airbus SE case, it is already a verdict and no longer allegations. AAX already lost so much from RM1.25 to RM0.12, 90% shrink in shareholders’ value. On corporate governance matter, he and his partner should not only resign as management team but in the Board of Directors as well to avoid the interference in the on-going investigations on this. Air Asia Group should revisit and enhance their internal procedures on gifts and gratuities. SC, MAVCOM, MACC and even ministry on transportation should form a steering committee to discuss on this matter. Bear in mind, this will affect our ranking of Corruption Perception Index going forward if this is not handle in tactical manners

No one is jealous for illegal acts, especially acting against the fiduciary duty as the director of the Company. Your role here is to enhance the value of the shareholders not causing a damage to it. As for Airbus SE case, it is already a verdict and no longer allegations. AAX already lost so much from RM1.25 to RM0.12, 90% shrink in shareholders’ value. On corporate governance matter, he and his partner should not only resign as management team but in the Board of Directors as well to avoid the interference in the on-going investigations on this. Air Asia Group should revisit and enhance their internal procedures on gifts and gratuities. SC, MAVCOM, MACC and even ministry on transportation should form a steering committee to discuss on this matter. Bear in mind, this will affect our ranking of Corruption Perception Index going forward if this is not handle in tactical manners

Coco Percy - Here you go. It was extracted from the 2019's annual report. Only depositors whose names appear in the General Meeting Record of Depositors as at 7 November 2019 shall be entitled to attend and vote at the Annual General Meeting. Hope it clarifies

But is good to have new CEO. At least now, we can see that it is getting a new lifeline

Gary Goh was the most useless CEO in Hexza. There was no achievement under his helm and the Company was on the brink of doom due to few serious scandals. It was a serious mistake to hire him. See both bottomline and topline when he was the CEO of the Company. I believe the owner's son was forced to come back to save the Company

his analysis is without substance

Probability is a joker, same as what he used to be during Heng Yuan downfall

with BM easily RM2

Even without BM, they just need a short time to move back to RM1

During the second Belt and Road Forum for International Cooperation, the Bandar Malaysia Project
in Malaysia was resumed in the presence of the prime ministers of China and Malaysia

Please don't spread false rumours for those that want to buy cheaply

http://www.ir-
cloud.com/china/601390/financial/24/EN/2019%20Interim%20Report_auBFeFB2rNEd.pdf

Development is our top priority. In the first half of 2019, amid a complex and ever-changing market environment
and severe risks, we maintained our strategic focus, stuck firmly to our development goals, and spared no effort to
seize market opportunities and further promote reform and opening-up. We continued to deepen the management
of laboratory activities, fully fulfill our social responsibilities, and strive to improve corporate governance capabilities.
New orders signed, operating revenue and recorded profits are the best among the same periods in history, which
contributed to the Company’s high-quality development. During the first half of the year, the Company made
further progress in international and domestic markets, prioritized overseas expansion, and pursued high-quality
development. The bid winning of Hungary-Serbia Railway project and key projects promoting the interconnection of
surrounding countries, such as the China-Laos Railway and Indonesian Jakarta-Bandung High-speed Railway, made
steady progress. During the second Belt and Road Forum for International Cooperation, the Bandar Malaysia Project
in Malaysia was resumed in the presence of the prime ministers of China and Malaysia. The Company has been in
the Fortune Global 500 for 14 consecutive years, ranking 55th this year. It has been deemed an A-type enterprise in
performance appraisals by the State-owned Assets Supervision and Administration Commission of the State Council
(“SASAC”) for six consecutive years, ranking 19th among Chinese central State-owned enterprises. It ranks second
among the world’s largest contractors according to Engineering News-Record (“ENR”).

No worries, my price and with at least 5% dividend per year. Is a good deal

I bought at many different entry prices. From 55 to 60 cents, now slowly reaping reward. This is the cheapest growing insurance company in Malaysia tapping on many catalysts

Tomorrow is the beginning of the good days in Ekovest. As the sole contractor with financials muscle under the helm of LKH, a major portion of the contract of BM will be given to Ekovest. BM with GDP of RM140 bil is so sizeable that it will help replenish the order book for Ekovest for at least a decade. And with all the 3 highways plus shopping mall business gaining traction, current profitably can easily up from 130 mil to 300 mill and subsequently half a billion.

Proceeds from Bandar Malaysia project to go towards reducing 1MDB debt.

Uncertainty already no longer there and BM is already confirmed. Ekovest will limit up few days

Bandar Malaysia continues. And Ekovest will become the main contractor with sizeable order book

Public Bank already showed contration in earnings for 3 of the 4 quarters. Be careful in low interest environment as it is the most expensive bank now

When Bursalord is no longer promoting this counter, this counter starts to fly

i'm targetting RM0.55 to accumulate than i will sell at 10% to 15% profit. 15% would be the maximum TP

where got cheap ? OCK is a decent company but with stretched valuation

same trend again ! damn good for trading

Never buy downtrending counter. There is always a reason why it is going down

Think of it again. Most of the corporate earnings were disastrous for the last 4 quarters. Most were in red but Ekovest is one of the outliers

TA has been downgrading their call on AA. from RM3.20 to 2.60 while other research houses as well. What does it tells u ?

Don't waste time on AA. i believe it is lacking of catalysts. They already sold and leaseback their aircrafts and distributed as dividends. Since they sold at profit but still in need of the planes for their operations, now they are paying high leasing costs which actually impacted their bottomline. And Digital Transformation would take long time before you can see the real result with chances of failure. It is becoming more risky holding AA with low return

Don't expect too much on OCK. More on short term play

Don't get excited so fast

Selamat Hari Raya Guys

Tuesday be extra careful!

Pursuant to Paragraphs 9.03 and 9.08 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, LHI wishes to provide an update on certain preliminary operating data for the fiscal period up to 30 June 2019, i.e. 2nd quarter of 2019 (“2Q2019”).

As disclosed in LHI’s Prospectus dated 25 April 2019, a number of factors affect the Company’s financial condition and results of operations which include, among others, the selling prices of LHI’s products sold on the open market.

The Company wishes to inform its shareholders and potential investors that based on the preliminary review of the unaudited financial results of the Company and its subsidiaries (“Group”) for the financial period ended 30 June 2019, the Company expects the Group to record significantly lower profits after taxation for the 2Q2019 in comparison with the 2nd quarter of 2018 (“2Q2018”) due to a significant decline in the average selling prices (“ASP”) in most of the products sold by the Group, particularly in Malaysia, as follows:

The ASP of the Group’s broiler day-old-chicks (“DOC”) in Malaysia in 2Q2019 was RM1.21 per DOC, representing a decline of 38.6% from RM1.97 per DOC in 2Q2018. The selling price of the Group’s broiler DOC in Malaysia declined to as low as RM0.90 per DOC in 2Q2019. In comparison, the lowest selling price of the Group’s broiler DOC in 2Q2018 was RM1.60 per DOC; and
The ASP of the Group’s broiler chicken in Malaysia in 2Q2019 was RM3.99 per kg, representing a decline of 14.7% from RM4.68 per kg in 2Q2018. The selling price of the Group’s broiler chicken in Malaysia declined to as low as RM2.60 per kg in 2Q2019. In comparison, the lowest selling price of the Group’s broiler chicken in 2Q2018 was RM3.90 per kg.
As the Group’s operating costs are relatively stable, the weaker ASP in 2Q2019 will affect the Group’s margins and profitability. As at 5 August 2019, the market prices of broiler DOC and broiler chicken are RM2.00 per DOC and RM5.00 per kg respectively.

The overall sales volume of the Group’s products increased in 2Q2019 compared to 2Q2018. The total sales volume of livestock feed, broiler DOC, broiler chicken and eggs increased in 2Q2019 by 13.9%, 8.1%, 10.7% and 5.9% to 583,665 metric tonnes, 123 million broiler DOC, 31 million broiler chickens and 430 million eggs, respectively, in comparison with 2Q2018. Despite the volume growth, the Group’s profits were affected as a result of the significant decrease in the ASP.

Details of the Group’s financial performance for 2Q2019 will be available when the Company announces its unaudited consolidated financial results for the financial period ended 30 June 2019.

The press release by the Company dated 9 August 2019 is attached.

This announcement is dated 9 August 2019.

Nonsense counters - Khee San, London Biscuits. These are vehicles for the directors to milk the money. Hope the SC, Bursa takes action againts them

Previously a failed venture in US, than super yacht, Equanimity and now this. With high salary of Lim Kok Thay of RM260 mil, this is like squeezing a cashcow GenM. Minority watchdogs and Bursa should query on this Company. Serious corporate governance issues for many years

One thing to note is that American Towers continues to be an active acquirer on all the telco companies around the world. But as they keep acquiring, u will see that it will give an immediate boost to the profits. However, this is not the case for OCK, as they build, their profitablity is getting lesser. Something that you need to consider. Something not right

Platypus88 - I agreed on your views on OCK but at the same i would like to clarify for SOS, just to be fair to him. Back in 17, OCK acquired SEATH for USD50 mil (RM223 mil) with approx. 2,000 towers. Now they have additional 500 towers in Vietnam since the acquisiton, with additional cost of RM20.5 mil. Vietnam alone, they already invested almost RM250 mil. They have others towers that they owned in Malayisa as well.

But still, is so wrong to compare to peers like American Tower. Even they are not comparable to their local player like EDOTCO.

Soon below RM20, its current price because of. Internal supports and nothing to do with valuation. As far as for valuation, it is overvalued despite is a good fundamental bank.

No volume hard to play. All retailers play so no support on the prices

No need to worry much about this. What is the worst case scenario for Ekovest ? They still have very profitable businesses that are growing every year. And for sure BM is in the pipeline and if they got as main contractor (which most likely the case) than you all can see the visibility of the businesses for the next 10 years. short-term pain but long-term gain. U won't lose money

Must buy, later official announcement comes out those haters will lick their wounds

Sailang I will add in another 20% to 30% of Ekovest