Posted by Harold Huong > 2016-03-26 14:15 | Report Abuse

hksoon, you are out of date...Sarawak CM is Tan Sri Adenan....I guess after Easter Holiday and 清明节。。after Christian and Chinese community finish their stuff

Posted by cooling > 2016-03-31 13:04 | Report Abuse

gonna FLy ...!

Posted by Greenfield > 2016-03-31 15:33 | Report Abuse

Chief Minister Datuk Patinggi Tan Sri Adenan Satem announced Sarawak (DUN) will be dissolved on 11 April.

Posted by Greenfield > 2016-03-31 15:39 | Report Abuse

Rumours nomination will be on 18 April & Election is on 30 April.

Posted by Harold Huong > 2016-03-31 17:16 | Report Abuse

Finally fix the date, right timing, but CMSB drop today

Posted by Mohd Fahmi Bin Jaes > 2016-03-31 17:20 | Report Abuse

sarawak election no effect. down

Posted by Harold Huong > 2016-03-31 20:08 | Report Abuse

How low can dip? Fahmi

Posted by Harold Huong > 2016-03-31 20:08 | Report Abuse

I still have faith

Posted by splash > 2016-04-04 11:09 | Report Abuse

cmsb needs to spend money rewarding investors with handsome dividens and bonus to stay relevant in stock market rather than keeping money in the banks. That's the only way cmsb to be flying high and seen as one of the most precious bluechip stocks. Sharing your wealth and it will surely make you richer.

Posted by Pavillion > 2016-04-04 11:42 | Report Abuse

Accumulation, almost dry.

Posted by hksoon > 2016-04-06 22:43 | Report Abuse

how far Tan Sri Taib Mahmud can go and thats show how high cms can fly ! how many seats can YAB CM Tan Sri Adenan Satem win/lose ( 64 or 72seats?) that indicate how low CMS can drop further. TS Taib still stay relevant in stock market.

Posted by Mohd Fahmi Bin Jaes > 2016-04-06 22:46 | Report Abuse

down

Posted by hksoon > 2016-04-06 22:50 | Report Abuse

Harold Huong , I am waiting cms heading south to RM4.55- 4.60 by 11 April morning 10 to 12.30am!

Last few weeks as foreigners all in cms never flying up but CIMB or Takaful etc all up..... cheers !

Posted by Harold Huong > 2016-04-06 22:54 | Report Abuse

Noted, hksoon

Posted by Mohd Fahmi Bin Jaes > 2016-04-12 14:17 | Report Abuse

down

Posted by victan > 2016-04-13 16:22 | Report Abuse

hksoon,have u buy in cms now?rm4.52 dy!!!

Posted by beso > 2016-04-13 16:25 | Report Abuse

downtrend begins

Posted by michaelwong > 2016-04-13 16:40 | Report Abuse

What happened . .....sudden drop . .......ma . .....hailet liao .

Posted by Max Tan > 2016-04-13 16:48 | Report Abuse

nothing but just dropping everyday...sad

Posted by inside job > 2016-04-13 16:54 | Report Abuse

it's a reflection on whats to come in the upcomming Sarawak elections

Posted by sun99 > 2016-04-13 18:15 | Report Abuse

Guess how low it can go?

Posted by Sebastian Sted Power > 2016-04-13 18:23 | Report Abuse

below 4 will all-in

Posted by hksoon > 2016-04-13 22:04 | Report Abuse

i also feeling very very sad that today CMS big drop 15 cents. i almost got no bullet to all-in Mr Harold Huong. That day Dun Swk dissolved i buy at too high level which is Rm4.70

mati liou

cialat liou

7 of May 2016 polling date pls come more faster !

Posted by beso > 2016-04-14 10:53 | Report Abuse

bo cut loss si ah

Posted by kenken85 > 2016-04-14 10:54 | Report Abuse

bo cut loss then cut didi lor. haha

Posted by Investeye > 2016-04-14 10:56 | Report Abuse

As the price dropped to rm4.36, it is worth to have a look into this counter..

Posted by Mohd Fahmi Bin Jaes > 2016-04-14 10:59 | Report Abuse

4.20 coming

Posted by Investeye > 2016-04-14 11:15 | Report Abuse

Although it just tendered one out of eight packages (if i'm not wrong) of Pan Borneo Highway but will benefit to provide building and construction materials to many projects in Sarawak.

Posted by mrmoney > 2016-04-14 12:08 | Report Abuse

what the

Posted by cooling > 2016-04-14 12:22 | Report Abuse

cutloss....runnn

Posted by EnsonTan > 2016-04-14 13:04 | Report Abuse

4.28...wuwuwu

Posted by Investeye > 2016-04-14 13:23 | Report Abuse

CMS’ recent subscription to MYR110m convertible preference shares (CPS) in OMS suggests that the latter’s business environment may be more challenging than our initial projection. Therefore, we cut our FY16F-17F earnings by 14.8%/7.6% respectively and lower our SOP-based TP to MYR4.80 (from MYR5.86, 7% upside). We downgrade the stock to NEUTRAL (from Buy), but we believe its longer-term outlook remains intact.

Watchful on OMS. It has been a while since we first highlighted a potential risk of Cahya Mata Sarawak’s (CMS) investment in its 25%-owned OM Materials (Sarawak) SB (OMS). Ferrosilicon prices have plummeted in tandem with the broad weakness across the commodity complex, thus dampening its earnings outlook. CMS has recently subscribed MYR110m CPS issued by OMS. This unexpected cash call suggests that the outlook for OMS may be more challenging than we had expected. While a total of 16 furnaces at its ferrosilicon facilities have been completed, only six are currently in operations.

Other businesses remain vibrant. OMS aside, we remain upbeat on CMS’ overall outlook. Earnings from its road maintenance and materials and trading divisions have risen ahead of the impending Sarawak state election. We also believe that both divisions may eventually benefit from the MYR26bn Pan Borneo Highway project that would help to sustain the high earnings base recorded in FY15 moving forward. Meanwhile, we think that the commissioning of its new grinding plant in Mambong, Sarawak could help to improve profitability of its cement unit in FY16. Its Oct 2015 acquisition of a 50% stake in Sacofa SB, the sole telecommunication tower service provider in the state, would also see full-year earnings contribution from 2016 onwards.

Forecast and key risks. CMS’ response to Bursa Malaysia’s query on the reason for its subscription to OMS’ CPS was to help meet the latter’s cash flow demand. We suspect OMS may have suffered deeper losses than we had initially projected. We revise down our FY16F and FY17F earnings by 14.8% and 7.6% respectively but keep our FY18 estimates intact, after cutting our forecast on OMS. OMS remains the single largest risk within the group as the extent of its operating losses remains uncertain and we cannot discount the possibility of a wider loss than our newly-revised numbers.

Downgrade to NEUTRAL with a lower MYR4.80 TP. Nevertheless, we continue to like CMS as the best proxy to the rapid development activities in Sarawak. However, potential losses at OMS may dampen investor sentiment on the stock. That said, we believe its medium to longer-term outlook remains bright and CMS could make a comeback as soon as 2H16. Therefore, we downgrade to stock to only NEUTRAL (from Buy) with our SOP-based TP lowered to MYR4.80 (from MYR5.86). The downside risk to our call is higher-than-expected losses at OMS, while the upside risk is a sharp recovery in ferrosilicon prices, which could potentially cut losses at OMS.

Posted by Investeye > 2016-04-14 13:27 | Report Abuse

In fact, Maybank Security had revised CMSB to RM4.60 earlier.
Time to accumulate slowly when further drop.. but definitely not for contra but for mid term.

Posted by Investeye > 2016-04-14 14:37 | Report Abuse

Accumulated few lots with RM4.3x and RM4.2 x

Posted by camomile > 2016-04-14 14:47 | Report Abuse

my remisier says cutloss...its going below 3! damm..

Posted by Junichiro > 2016-04-14 14:49 | Report Abuse

Probably Taib Mahmud's political influence is on the wane.

Posted by Cheng Li Ng > 2016-04-14 15:03 | Report Abuse

falling knife

Posted by apabolehbuat > 2016-04-14 15:05 | Report Abuse

OMG, fortunately I sold all my shares @4.85 a few weeks ago. Will stay on the sideline and watch.

Posted by superfly > 2016-04-14 15:09 | Report Abuse

run..run...lari kuat kuat..nampak sangat investor benggang sbb ramai dah di tahan tak boleh masuk Sarawak.

Posted by RosMuzery > 2016-04-14 15:12 | Report Abuse

Disaster

Posted by inside job > 2016-04-14 15:12 | Report Abuse

wow... todays drop is spectacular

Posted by Investeye > 2016-04-14 15:14 | Report Abuse

Matched 1 lot each at rm4.10 & 4.05 !

Posted by Mohd Fahmi Bin Jaes > 2016-04-14 15:15 | Report Abuse

after 4.20 reach, 4.10 coming

Posted by superfly > 2016-04-14 15:15 | Report Abuse

abis ler kou Tok Uban..Sarawak pun ganas gak..abis semua di halau balik semenanjung..hehe

Posted by Mohd Fahmi Bin Jaes > 2016-04-14 15:16 | Report Abuse

4.07

Posted by Mohd Fahmi Bin Jaes > 2016-04-14 15:16 | Report Abuse

4.03

Posted by Investeye > 2016-04-14 15:16 | Report Abuse

Should get a strong support at rm4.00

Posted by blackmeow > 2016-04-14 15:16 | Report Abuse

LEt the fall begin

Posted by Mohd Fahmi Bin Jaes > 2016-04-14 15:18 | Report Abuse

sarawak election no effect. all being lie

Posted by Investeye > 2016-04-14 15:18 | Report Abuse

Similar case likes Malakoff few months ago