Yep yep every time it goes above 40c is to trap ppl. Now it’ll sell off and have to cut loss

41c and 42c big blocks.

Another trap?

Trap buyers . Tomorrow sell down again

Probably wait after elections to announce contract. Could be 6 months time

No contract kut

35c coming

Today looks like iris will fall below 36.5c and test 35c. Now final rise up to trap investors

Better be cautious and stay away for time being

Yes. 30c is coming

Priced in already

Already price in

Unlikely they have won Niis. Even if they have won it’s already priced in from 14c. Should have a sell down upon announcement. Better to look at other stocks

I think bad qr

Will sell and use my profits for jaks and sendai

http://www.theedgemarkets.com/article/vizione-acquire-construction-company-rm280-mil

ambank trend is morning up then closing down

Waiting for around rm4 to buy.

buy panpage

Accumulate below rm5. At the end of the day price will rebound to 5

That's why move to ambank!

Ambank going to stage a rebound

Ambank staging a rebound

Time to buy ambank

Time to buy ambank

Buy ambank. Already tested bottom.

Take profit and buy ambank. Totally oversold

Gold mine. Buy and keep. Time is now

-http://www.theedgemarkets.com/article/cimb-ib-research-projects-net-profit-growth-92-banks-2017

US rate hike. Malaysia soon to follow. Further good news for banking industry.

Next Tuesday will have strong rebound

Good buy in time

Today close rm5

Very undervalued.highest quarter net profit in years. BUY

wait. buy below 1.30

takeover. 2.50?

Yes let lth play with themselves until 1.20. See you guys then

RI to further bring the price down.

Every day drop 1c

buy close to rm5 or below. let it settle 2 to 3 days

epf disposed fgv. FGV went down to 1.50s and then went up to RM2.

~~http://www.thestar.com.my/business/business-news/2017/06/03/will-rhbammb-merger-materialise/~~

"Last year, ANZ wrote down the value of its investment in AMMB in its books and the cost is said to be about RM5.31 per share currently, which is about the same as the bank’s March book value of an equity per share of RM5.32". From The Star Online - Business News today.

Acquisition price should be more than 5.31. Happy trading.

Deposit refund doesn't mean cannot have new jv with wanda

Elections coming. Najib won't want to piss off the Sultan of Johor. Iwcity will remain. Just with a different Chinese developer

The Edge Official

HeveaBoard rebounds as allegations against it were dismissed as 'frivolous'

By Tan Siew Mung / theedgemarkets.com   | January 12, 2016 : 8:53 PM MYT   


KUALA LUMPUR (Jan 12): HeveaBoard Bhd ( Valuation: 1.10, Fundamental: 2.70), which has seen its share price fall 15% over the past week on "bloggers attacks", rebounded 6.16% today after its management and an analyst said the allegations were non-fundamental and frivolous.

The investor blog i3investor.com had carried three negative allegations against HeveaBoard in the past week. Besides alleging that a civil suit has been filed against the company's managing director over the non-payment of dividends, the blog had claimed that 700 of the company's containers of particleboard were stuck in Korea due to non-conformance to quality standards, and that there were discrepancies in HeveaBoard's inter-company loan.

These allegations had resulted in HeveaBoard's shares slumping 15% to RM1.46 on Monday compared to its share price of about RM1.73 a week ago on Jan 5. However, the counter recouped some losses today and rose 6.16% or 9 sen to close at RM1.55.

According to CIMB ( Valuation: 1.65, Fundamental: 0.55) Research, the company's managing director Yoong Hau Chun had explained via a conference call that a civil suit was indeed instituted by HeveaWood Industries' (HW) (HeveaBoard's largest shareholder with a 27% stake) minority shareholders against the Yoong family for the non-payment of dividends at HW.

However, Hau Chun said HW was not in a position to pay dividends from 2009 to 2012 as HeveaBoard's financials were stretched following the collapse in the particleboard industry. CIMB also wrote that the High Court have decided in favour of the defendant in the suit.

The management had also dismissed the allegation that its containers were held up by Korean customs due to non-conformance to quality standards as "untrue".

"Korea had changed its orders from E2 boards to E1 boards. As Korean E1 testing standards differed slightly, HeveaBoard delayed shipment to Korea pending clarification of its new testing standards. This issue has since been resolved," CIMB noted.

On the discrepancy in its inter-company loan, CIMB noted that the management said HW had made other inter-company loans to other related parties in addition to HeveaBoard and hence, the amounts would differ.

"All of HeveaBoard's debts will be repaid by mid-2016, according to management," said CIMB.

The allegation was that HeveaBoard had "beautified" its accounts to hide an €890,000 inter-company loan made by HW to HeveaBoard in 2005, quoting discrepancies between amounts owed by related parties to HW versus the amount owing by HeveaBoard to related parties.

As such, CIMB Research urged investors to stick to HeveaBoard's fundamentals, and maintained its "add" call on the counter.

"We felt that management addressed the issues very well and sensed that institutional investors were comfortable with the explanations," CIMB research said and urged investors not to be distracted by these non-fundamental and frivolous allegations.

"In our view, any share price correction is an excellent opportunity to bottom fish as our earnings forecasts are conservative (RM/USD of 4.0 versus current spot rate of 4.4). A 1% depreciation of the ringgit increases HeveaBoard's EPS (earnings-per-share) by 7.5%," it added.

Go back 1.7 is 10% . Just saying

Insider. More funds to come in.

This stock not speculative. Got substance
Backed by Cimb. Price is not falling. Yesterday oversold. Don't buy miss chance

Ivan. Don't worry so much. Cimb will rebound. They have gone through the mss and major cost cutting. New consumer bank ceo should be coming in soon. Moreover this is one counter I'm sure valuecap will push up. So before they come in of course bring price as low as possible. Quarterly profit is back up as u can see as well. 100% confident in this counter. Plus of course with inside news. Like every counter I say buy!!

Every stock I say buy has risen. Got special mouth. Now I say buy ktc. Sure up.