CEO, CFO, COO, Chief internal Audit, of AMbank, all sold their share in 31Dec2020. You guys can check back the stock announcement. Smell something fishy there, guess their management already know about this few months back and run away back then. Is this consider as insider trade? Their management literally dispose all their share in hand at 2020 year end. Dafuq

Just cut lost mine... Sigh, so disappointed with this ayam, better i use the money go find China Ayam

Run before budget 2019 to be announce on early November. Sin Tax incoming

http://www.enanyang.my/news/20180803/传杨忠礼电力欲竞标br-狮城大泉综合水电项目/

http://www.klsescreener.com/v2/news/view/392275
U-Mobile近敲定上市

Any news from AGM today?

the return of Q2 dividend, restore back to 4 time dividend per year will restore the investor confidence. Good Job Magnum!

Taxes collected 'illegally' in BN's time will be returned, promises Dr M
Prime Minister Dr Mahathir Mohamad said Putrajaya will try and return taxes collected "illegally" from individuals and businesses.

"We were aware that during the previous regime, people were pressured in the wrong way.

"For example, many were forced to pay more taxes than what is determined by the law.

"We want to know who were the people who were forced to pay such taxes, and how much they were forced to pay, and we will try and replace the money that was illegally collected," he said in an interview with state television network RTM1.

Mahathir said prior to this, there were those who were forced by the Internal Revenue Board (IRB) to cough out more taxes than were due.

"If they did not pay, they were punished and blacklisted, preventing them from leaving the country.

“Some had their passports revoked and their account books confiscated, which disrupted their businesses.

"We do not want to disrupt businesses," he said.

In the last two years, the IRB had embarked on an aggressive tax collection spree due to the country's falling revenue as a result of lower oil prices.

Good NEWS, Mahathir last night announcement said will reimbursed the business who is been abused with LHDN. Good chance Monday Magnum price will sky rocket.

Coming AGM, you guys know if any door gift available?

Further to the announcements made on 19 May 2017 and 6 June 2017, Magnum wishes to announce that at a hearing in the Kuala Lumpur High Court today, 19 July 2017, for leave application for judicial review, it was concluded that a decision on leave application is fixed on 9 August 2017.

Meanwhile, the interim stay of proceedings granted on 6 June 2017 till 19 July 2017 has now been extended until 9 August 2017.

Further announcement will be made of any material development or changes as and when appropriate.

This announcement is dated 19 July 2017.

Malaysia Names Zeti’s Deputy as New Central Bank Governor

Malaysia named central bank deputy governor Muhammad Ibrahim as successor to Governor Zeti Akhtar Aziz when she steps down at the end of the month after 16 years at the helm. The ringgit gained and stocks pared losses.
Muhammad has been appointed for a five-year term that starts May 1, Prime Minister Najib Razak said in a statement on Wednesday.
Zeti’s term at Bank Negara Malaysia is coming to an end at a time when investors are looking for signs of stability in a nation rocked by a political scandal and alleged financial irregularities at a state fund. She has kept monetary policy steady to aid domestic demand as Najib counts on consumers to support growth amid constraints in boosting government spending.
“Given that it’s an internal appointment, we should expect a continuation of
policy that’s been set by Zeti," said Sim Moh Siong, a foreign-exchange strategist at Bank of Singapore Ltd. "Overall this is a market-friendly appointment.”
The ringgit reversed a drop after news of the appointment, gaining 0.3 percent to 3.9145 per dollar as of 2:54 p.m. in Kuala Lumpur, according to prices from local banks compiled by Bloomberg. The FTSE Bursa Malaysia KLCI Index slid 0.2 percent, paring losses of as much as 0.6 percent.

Crashed because 1MDB cant pay the bond debt interest. Zzzzz

PROPOSED RENEWAL OF SHARE BUY-BACK MANDATE on AGM June 2016. Company wanna buy back and accumulate more of their own share. Good news?

Brent Crude Oil
$28.76
New Low Price

Dow Jones Industrial Average
INDEXDJX: .DJI - Jan 15 4:43 PM EST
15,988.08Price decrease390.97 (2.39%)

I think thats why!

haha, open with a drop in price. sure quite

http://klse.i3investor.com/blogs/BURSAMASTERBULLSEYE/89821.jsp

2- SCNWOLF (7239) – Positive Momentum

An important development took place on 14 January 2016 where the price of SCNWOLF broke the resistance of 0.37. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. Immediate resistance 0.46

Short-term TP : 0.50

Today will be rocket day! Share market not yet open also got people queue high at 0.45. Big chance for break through 0.50 today. Go go go Wolf !!!

Now 40c, going uptrend with the good news

Means today already expired for bonus share?

receive thie email form CIMB

Scanwolf Corp (SCW MK; RM0.365) – BUY
- The downtrend mode could be at the tail end as prices formed a double bottom formation in August. With prices breaking out of the ST resistance trend line yesterday, a new upleg may be underway.
- MACD is back into the bullish zone while RSI has turned upwards.
- Traders may go long here with a stop placed below yesterday’s low at RM0.32. We expect prices to take out RM0.39, which likely lead to a move towards the RM0.55 swing high. The following target is at RM0.56.

XD

19 October 2015 entered into:-

a conditional share sale agreement with Tan Sri Dato’ Lee Shin Cheng (“Tan Sri Lee”) and Puan Sri Datin Hoong May Kuan (“Puan Sri Hoong”) for the proposed acquisition of 250,000 ordinary shares of RM1.00 each in Mayang Development Sdn. Bhd. (“MDSB”), representing the entire equity interest in MDSB for a consideration of RM1,263.46 million (“Proposed MDSB Acquisition”); and
a conditional share sale agreement with Tan Sri Lee, Puan Sri Hoong and Dato’ Lee Yeow Chor (“DLYC”) for the proposed acquisition of 6,000,000 ordinary shares of RM1.00 each in Nusa Properties Sdn. Bhd. (“Nusa”), representing the entire equity interest in Nusa for a consideration of RM319.83 million (“Proposed Nusa Acquisition”).

Heard that suspend is for AGM meeting

On behalf of the Board of Directors of IOIPG, AmInvestment Bank Berhad wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the Company’s request for a suspension in the trading of its securities on the Main Market of Bursa Securities with effect from 9.00 a.m. to 5.00 p.m. on Tuesday, 20 October 2015, pending a material announcement to be made.

The request for suspension is made pursuant to Paragraphs 16.03 and 3.1(b) of Practice Note 2 on Requests For Suspension, of the Main Market Listing Requirements of Bursa Securities.

This announcement is dated 19 October 2015.

May be pending good news to be announce? XD

Any idea for this counter?

today wolf makan viarga !

Yes thats mean the company asset worth 0.54/share

everyday local food also cannot. cause most of the thing is imported. Susu anak also imported.

USD Rate at 4.1223 to ringgit.

Any idea by what time the QR report will be announce? i know its today but i cant find out by what time.

looks like SCNwolf buying strength is strong today =)

CLS1975, i think banking share will be hit hard lately. care on the menu.

i feel another economy crisis coming. and hell yeah for folks with lots of cash.

Rebound no power. Zzzz. So weak

No place to hold our money value. If hold a lot of RM also useless since we dunno when is the bottom drop of RM. Zzzzz. Another wave of inflation coming, and i think what hit next might be our banking sector.

741 down now

News grab from bloomberg, sigh. struggle to defend his mighty power then make all the rakyat suffer. I think if he resign KLSE will boost right away. kakaka

Foreign investors pull over RM11b from M’sia
International investors are selling Malaysian stocks at the quickest pace in Asia as Prime Minister Najib Abdul Razak struggles to contain a political scandal and doubts grow over the outlook for the economy.

Foreign funds have pulled a net RM11.7 billion of the nation’s shares this year as the benchmark FTSE Bursa Malaysia KLCI Index retreated 4.1 percent. The ringgit has slumped to its lowest level since 1998 after tumbling 11 percent against the dollar, the biggest decline among Asian currencies.

Overseas money managers are paring holdings amid concern the crisis will distract Najib as a commodities rout and the prospect of higher US interest rates threaten economic growth. The prime minister is fighting off a scandal linked to 1MDB, a debt-ridden state investment company. A probe into about RM2.6 billion that was deposited into Najib’s personal accounts found that the funds were legal donations from the Middle East.

“Already shaky trust of foreign investors is being eroded,” said Mixo Das, a strategist at Nomura Holdings Inc in Singapore. “Further outflows are possible.”

Net foreign sales in Malaysian stocks this year are almost double the RM6.9 billion for the whole of 2014, exchange data show. Overseas investors have been net sellers for 14 straight weeks through the week ended July 31, the longest selloff since 2008, according to MIDF Amanah Investment Bank Bhd.

Rising volatility

The KLCI has slumped 9.3 percent from its April 21 high, including a 1.8 percent decline yesterday that was the biggest this year. The gauge lost 0.5 percent at 9.13am in Kuala Lumpur on Friday. The ringgit dropped 0.1 percent, taking its weekly decline to 2.4 percent. That would be the biggest slump in eight months.

Volatility is increasing, with a gauge of 30-day price swings rising to its highest level in six months. The stock measure trades at 15.2 times projected 12-month earnings, or about 10 percent higher than the MSCI South-East Asia Index.

The Wall Street Journal reported on July 3 that US$700 million (RM2.6 billion) may have moved through government agencies and state- linked companies to accounts bearing Najib’s name. The premier has denied taking money for personal gain and has described the furor as part of a campaign to remove him from office.

The Malaysian Anti-Corruption Commission said it won’t disclose the identities of the donors to Najib and plans to question him to seek an explanation on the funds.

Stability threatened

For Aberdeen Asset Management Sdn’s Gerald Ambrose, the political crisis means Malaysia risks losing its status as a safe haven in the region.

The ruling National Front coalition has dominated power since the country gained independence in 1957. Neighboring Thailand is under military rule after a coup, while in Indonesia, President Joko Widodo is struggling to push through policies following the closest election in more than a decade.

“Long-term political stability has long been one of Malaysia’s trump cards, but it’s not so easy to say that nowadays,” said Ambrose, who oversees about US$3.6 billion as managing director of Aberdeen Asset Management in Kuala Lumpur. “Uncertainties surrounding 1MDB and the quite public political spat has clearly not helped foreign investors’ sentiment towards the country.”

Najib chairs the advisory board of 1MDB and has resisted urgings from ex-premier Mahathir Mohamad to quit over the fund’s performance as it amassed about RM42 billion of debt in less than five years. Najib on July 28 sacked his deputy prime minister Muhyiddin Yassin, who had urged answers on the 1MDB imbroglio including its investment decisions.

Buying opportunities

Franklin Templeton Investment is sticking with its investments in the nation’s stocks.

“We actually stayed in and we will continue to stay in,” Mark Mobius, chairperson of the emerging markets group at Franklin Templeton Investment, said by phone from Singapore. “We are still finding opportunities in that market and particularly when there are concerns there, you can see some possibilities.”

Foreign outflows may accelerate if the political scandal prevents the government from tackling the issues affecting the economy, says Alan Richardson, a Hong Kong-based money manager at Samsung Asset Management, which oversees about US$112 billion.

Malaysia’s foreign-exchange reserves have dropped to the lowest level since the 2008 global credit crunch, reducing ammunition to shore up the currency. A plunge in Brent crude is cutting revenue for Asia’s only major net oil exporter, while the Federal Reserve is mulling its first increase since 2006 as soon as next month.

Earnings impact

The government forecasts the economy will expand 4.5 to 5.5 percent this year, down from its earlier projection of as much as 6 percent. Earnings at companies on the KLCI are projected to grow 11 percent in the next 12 months, data compiled by Bloomberg show. That compares with a 41 percent gain

Dunno SCNWOLF will go to 0.28 or not =.="

Seems every one panic selling of stock. Down counter 715, be ready with cash to collect cheap stuff.

now counter down 675

My CIMB Itrade no problem.

yup think resist at .42, if can make over will make another day

i am in again at .405. feel the wing shaking.

@popcorn, i observed that too.

just my feeling that some big boy is try to create some panic for low price entry.

quater report

wait for so long and it dint move a bit. like a old lady. ZZZzzzz

yup. Good Close.