Posted by nkn1 > 2014-01-24 11:00 | Report Abuse

soon it will be considered as an oil n gas co with hway operator side business instead the other way ard now

Posted by Joel > 2014-01-24 16:18 | Report Abuse

This Counter is going like TAS or Perdana that time I bought at below RM1.00.

Posted by selamba > 2014-01-24 16:25 | Report Abuse

og counter bro.....buy2222 0.800 tp

Posted by Duitbesar > 2014-01-24 16:26 | Report Abuse

Ramai yang tak takut mati. Beli masa mahal. Masa murah tak nak. Manusia memang pintar. Hahahaha.

Posted by Johnson Lam > 2014-01-24 16:52 | Report Abuse

Monday still can go out?

Posted by skpetro > 2014-01-24 17:05 |

Post removed.Why?

Posted by Duitbesar > 2014-01-24 17:08 | Report Abuse

Hahahaha. Gua beli masa 50 sen, kalau naik seringgit untung besar. Hahahaha.

Posted by lee9fold > 2014-01-24 17:09 | Report Abuse

ACTUALLY IF ENTER NOW NOT WISE...BUT WAD TO DO...HUMAN TEND TO CHASE HIGH

Posted by Mark T Bird > 2014-01-24 17:14 | Report Abuse

Agree, chasing any stock too far in price is a serious mistake :-)

Posted by Por Soon Keong > 2014-01-24 19:56 | Report Abuse

More good news on the way. Stay tuned!!!

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1525041

Posted by Duitbesar > 2014-01-24 19:59 | Report Abuse

Hahahaha. Isnin pagi buka market terus jual. Lepas tu dia jatuh kaboom. Yang berani mati terus pengsan harga jatuh, yang beli murah tersenyum kambing. Yang beli mahal, tak tahu nak cakap apa, yang mati terus mati.

Posted by rikki > 2014-01-24 20:28 | Report Abuse

@Por, thank you for the link. It was announced that the RM23.287 million ExxonMobil contract are expected to contribute positively to SILK Group earnings and assets for the financial year ending 31 July 2014.

Posted by Joel > 2014-01-24 21:37 | Report Abuse

OTHERS EXTENSION OF CONTRACTS FOR THE PROVISION OF TWO (2) 60MT ANCHOR HANDLING TUG SUPPLY VESSELS
SILK HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description EXTENSION OF CONTRACTS FOR THE PROVISION OF TWO (2) 60MT ANCHOR HANDLING TUG SUPPLY VESSELS

1. INTRODUCTION

Further to the announcement dated 17 July 2012, SILK Holdings Bhd (“SILK”) is pleased to announce that its subsidiary, Jasa Merin (Malaysia) Sdn Bhd, had accepted the award of contracts extension by ExxonMobil Exploration and Production Malaysia Inc. for the provision of two (2) 60MT Anchor Handling Tug Supply Vessels.

2. DURATION OF CONTRACT

The contracts extension, which will commence on 2 February 2014 and 5 February 2014 respectively, are for a one (1) year period.

3. RISKS FACTOR

The risks associated with the contracts are mainly operational. Notwithstanding this, the Management shall always ensure strict compliance to the safety and operational procedures in the execution of contract requirements.

4. FINANCIAL EFFECTS

The contracts extension valued in total at approximately RM23.287 million are expected to contribute positively to SILK Group earnings and assets for the financial year ending 31 July 2014. The contracts extension are not expected to have any effect on the issued and paid-up share capital and shareholding structure of SILK.

5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS

None of the Directors or major shareholders or persons connected to the Directors or major shareholders have any direct or indirect interests in the above mentioned contracts.

6. DIRECTORS’ STATEMENT

The Board of SILK is of the opinion that acceptance of the contracts are in the best interests of SILK Group.

Posted by Por Soon Keong > 2014-01-24 22:08 | Report Abuse

KUALA LUMPUR: A survey by the Federation of Malaysian Manufacturers (FMM) showed that 15% of respondents estimated a 25% to 30% increase in transportation cost as a result of the proposed increase in toll rates by concessionaires in the Klang valley.

FMM said the increase would be from hike in transportation charges by logistics service providers, increase in price of raw materials and increase in travelling claims of their marketing staff who use the highways on daily basis.

"The hike in toll rates would result in an increase in the prices of goods and raw materials, and subsequently increase the operating cost of manufacturers.

"This increase in operating cost would eventually be passed down to consumers," it said in a statement today.

FMM said given the recent increase in electricity rates, the proposed toll hikes would definitely put pressure on inflation, dampen domestic consumption and affect export competitiveness.

According to the survey, all respondents, out of which 68% comprised small and medium entreprises (SMEs) operating in the Klang Valley, were certain that the hike in toll rates would have an impact on the cost of doing business.

It said 18% of the respondents estimated that the toll hike would increase transportation cost by 11% to 20%, while 46% projected a rise of between 2% and 10%.

Some 40% of the respondents indicated that they use all the highways including Guthrie Corridor Expressway (GCE), Kajang Dispersal Link Expressway (SILK), Sungai Besi Expressway (Besraya) and SPRINT Highways, while 64% said they or their transporters do not have alternative routes to deliver goods to points of destination – Bernama.

//let's do the math....

Based on FY13, highway revenue was RM76M and O&G was RM306M. Profit was RM4.4M after tax.

If based on O&G pre tax profit was RM41M and overal pre tax profit was RM26.4M.

If toll hike 25% and awarded petronas contract.

Maybe toll income will breakeven and O&G will generate more than RM50M pre tax profit.

Let assume FY14 profit after tax is RM35M. Hence EPS 7cents with 486.1M share outstanding. If apply PE 15, the share should be traded at RM1.

Posted by Risk Trader > 2014-01-24 22:14 | Report Abuse

Based on current news, Silk will fly next week up to 0.80 to 0.90 cent

Posted by hepitrade > 2014-01-24 22:17 | Report Abuse

Go go go silk....... Hehe

Posted by Duitbesar > 2014-01-25 11:55 | Report Abuse

Isnin jatuh menjunam. Duit besar jadi tak besar. Jual, jangan tak jual. Kesal tak guna. Yang beli mahal pengsan, yang beli murah masih mampu tersenyum kambing

Posted by freethink > 2014-01-25 12:05 | Report Abuse

not good to spread the fear factor

Posted by leslieroycarter > 2014-01-25 12:15 | Report Abuse

Not likely here because our currency still manage to stay at around 3.3 against 1 USD compared with other Asian currencies like Baht , Peso and Rupiah ....

Posted by esegaban > 2014-01-25 12:15 | Report Abuse

i rasa byk kaunter yg merah ari isnin nanti...

Posted by Duitbesar > 2014-01-25 14:23 | Report Abuse

Siapa beli 70 sen mesti hancur Isnin ni. Menjunam bursa bawa silk sekali. Bursa jatuh 100 mata sampai ikan pun tak bernafas dalam air. Hari tak selamat isnin ni. Lebih baik jangan tengok saham dalam 2 minggu ni. Hancur hancur. Nasihat abang memang mudah....apa dia? Hahahaha....lupa pulak.

Posted by CityTrader > 2014-01-25 15:45 | Report Abuse

Recently in Korea, a group of forumers spread false news that led the index down significantly as they created fear n they were arrested weeks later. I dont know if Malaysia bursa or i3 can detect the ip of those forumers who create fear that may lead to heavy sell down this Monday. Enforcement can do if tney want.

Posted by saddiqsepakraga > 2014-01-25 15:51 | Report Abuse

betul tu, duitbesar yang pertama kena cekup dulu...penjara 3 bulan kerja berat!!

Posted by Firebird2 > 2014-01-25 15:54 | Report Abuse

What about the other way. If forumers spread false news to push the index up, are they ok?

Posted by saddiqsepakraga > 2014-01-25 16:01 | Report Abuse

nope, should also be imprisoned 3 months hard labour, hehehe....

Posted by CityTrader > 2014-01-25 16:02 | Report Abuse

Of course everyone will thank him. Gov or i3 admin will award him Datukship for creating everyone rich.

Posted by CityTrader > 2014-01-25 16:06 | Report Abuse

Maybe he has a good intention to warn everyone to trade cautiously so in return, i also have my good n kind intention that there are people who were arrested on this case. So i hope he wont b the first Malaysian to b locked up. We are a group of kind people. Cheers!

Posted by Duitbesar > 2014-01-25 16:11 | Report Abuse

Hahaha. Ada yang marah bila dah beli mahal, takut betul jatuh menjunam. Masa 45 sen tak beli, masa 50 sen pun tak nak beli. Masa 60 sen heboh nak beli, dah 70 baru dapat kata boleh sampai 90 sen. Dah naik lebih 50 peratus dalam 5 hari, sibuk kata boleh naik 50 peratus lagi. Tak gila ke manusia kejar waktu mahal? Dah pulak masa samseng nak ketuk bursa sampai 1700 mata. Amerika semalam hancur 300 mata, ingat bursa kebal sangat ke? Manusia manusia...jangan lawan arus, nanti arus lemas korang. Tak baik tipu orang, jual kangkung 10 ringgit sekilo, sedangkan dalam parit tak nak.

Posted by CityTrader > 2014-01-25 16:17 | Report Abuse

At last, this comment is acceptable due to reasonable fact so wont get arrested.

Posted by CityTrader > 2014-01-25 16:20 | Report Abuse

Haha, it is a lady who likes to flag me.

Posted by Duitbesar > 2014-01-25 16:25 | Report Abuse

Korang jangan marah tak tentu pasal. Semua nak duit besar. Tapi logik ke saham Silk naik 50 peratus boleh naik lagi 50 peratus? Orang tamak nanti rugi 30 peratus tau, kalau bijak biar beli masa murah. You all 50 sen tak nak macam mana? Gua sapu 50 sen nak jual 70 sen! 50 peratus 5 hari siapa bagi? Ketuk otak sikit, jangan ikut perasaan geng. Gua bagi good advise korang marah. Ikut carta samseng boleh create punya, nanti korang rugi sesat gua tarak care.

Posted by twobits > 2014-01-25 18:39 | Report Abuse

I believe whatever the announcement is.... has factor into the price!
Monday is the time to sell into news!

Will Bursa act on forumers spreading false news? kekeke
I doubt they will do that! They probably wouldnt know the existence of i3.

look at all the china counters fly up and dived... The best they can do is issue UMA... after that what else? laughing stock!

Posted by Firebird2 > 2014-01-25 20:31 | Report Abuse

If one has been long in the market, probably you be wise up to these fake news, take it with a pinch of salt. But a lot of those new guys will be fooled. See like scams, done all over and over again, reported widely in newspapers, friends info, etc, still claim lots of new victims, intelligient ones too... greed rite?

Posted by Duitbesar > 2014-01-25 21:35 | Report Abuse

Siapa sebar fake news? Yang kata naik sampai 90 sen atau yang bagi good advise sama korang? Pikirlah sikit, ingat Silk dapat kontrak berbilion ke? Baru berapa juta bro! Tak dapat hidu mayat busuk ke? Goreng pun goreng juga, tapi kalau dah lepas 50 peratus dalam 5 hari tu kata naik lagi dah berbohong sangat. Bukan dapat duit besar, rugi besar adalah. Tengah jahanam bursa nak lawan arus pulak. Lepas tu ugut masuk penjara pulak, mamat dah terlampau sangat dah. Korang dah berapa lama dalam saham. Boleh hidu dah samseng nak goreng ke tak?

Posted by Joel > 2014-01-26 08:00 | Report Abuse

I not think so, SILKHLD's price r expected will still climb to next higher lever by next week.

Posted by Joel > 2014-01-26 10:07 | Report Abuse

1. Tol money to pay highly will increase after CNY,
Benefit to SILKHLD surely.
2. SILKHLD r confirm to get beneficial fr Petronas.
3. 2014, is a good year performence to SILKHLD.
4. The share price not suppose at below RM1.00.

Posted by lee9fold > 2014-01-27 09:15 | Report Abuse

see first see first

Posted by martiniclub7 > 2014-01-27 09:27 | Report Abuse

Guys, silk still have a lot a lot of upside and potential, today its just people taking profit. Like I said, there will definitely be a consolidation period. Catch every 5 sen down. This stock will definitely climb again to new high in short term after everyone took their profit, higher than 90sen.

Posted by zack_liza > 2014-01-27 09:48 | Report Abuse

more collect at 0.60 and below...

Posted by kkteng70 > 2014-01-27 10:11 | Report Abuse

more will down...

Posted by Duitbesar > 2014-01-27 10:21 | Report Abuse

Ramai lagi mamat caya sangat boleh naik 20 sen. Beli, jangan tak beli. Belum cukup belasah lagi ni.

Posted by Johnson Lam > 2014-01-27 10:40 | Report Abuse

What price is the best to buy in?

Posted by Duitbesar > 2014-01-27 15:06 | Report Abuse

Siap masuk penjara? Yang mana kaki nujum yang kata naik 90 sen dan kecam bawa abang masuk jel? Abang bukan apa, abang tau kaki nujum semua tipu punya. Dia ingat abang baru main saham. Saham belum lahir abang sudah wujud tau, samseng saham pun sama bertapa sama abang tau. Hahahaha, jangan marah, abang cuma marah sangat ni.

Posted by abdulhalim > 2014-01-27 15:10 | Report Abuse

Saham belum lahir abang sudah wujud tau..
>>>> hihih..suka dengan abang duitbesar...

Posted by coffeepimple > 2014-01-27 16:08 | Report Abuse

collect at 0.6

Posted by Joel > 2014-01-27 16:10 | Report Abuse

Its going up now.

Posted by Johnson Lam > 2014-01-27 17:22 | Report Abuse

Any advise what price I can buy in, thanks!

Posted by Duitbesar > 2014-01-27 17:32 | Report Abuse

Kalau nak beli, beli masa murah. Ini good advise abang. Berapa harga, itu lu pandai-pandai. Jangan tanya orang, nanti lu salahkan abang. Selamat melabur.

Posted by lee9fold > 2014-01-27 19:01 | Report Abuse

duitbesar...kamu cakap besok dji green?

Posted by OffshoreStock > 2014-01-27 21:09 | Report Abuse

New contract for SILK's Jasa Merin http://bit.ly/1clgBFW