Posted by Keyman188 > 2020-10-05 15:56 | Report Abuse

Strongly advise better don't touch Khazanahs' holding company, majority heading downside risk...

Just look at

MAS (cash crunch)

Airport

Cimb

Axiata

UEM Sunrise

Uem Edgenda

IHH

Posted by labu83 > 2020-10-05 17:38 | Report Abuse

1 day show(tiger show)
Or goreng

Posted by Careonng > 2020-10-05 23:10 | Report Abuse

They ppl doing business, even monopoly in market also able loss a lot, company will loss, but they will fat fat...bcoz, you know and I know the reason lo.

Posted by 5354_ > 2020-10-06 08:47 | Report Abuse

Ecoworld all QR profit why complain?

Posted by hksoon > 2020-10-07 11:18 | Report Abuse

The Star newspaper report : Public Investment Bank Research opined that the proposed merger between UEM Sunrise and Eco World was not surprising given current challenging property market conditions. adding that sector consolidation is ripe to happen to strengthen market positioning.

Meanwhile, Lum also downgraded the property sector from “outperform” to “neutral” in his sector update report yesterday, as Kenanga switched its investment narrative to the sector’s challenged fundamentals instead of a tactical rebound play based on depressed valuations previously.

“Earlier, our tactical “outperform” call was premised on the fact that the steep fall in share prices and valuations in March were bound to see a relief rebound.

Posted by newbie300 > 2020-10-07 14:46 | Report Abuse

think it is force merge... wanna eat up eco...not surprisingly after merge then all declare loss again, if this group of ppl still manage it... u give them a a basket of golden egg, they will be lost and left out underwear...

Posted by hksoon > 2020-10-08 10:30 | Report Abuse

like last time Cimb swallowed up Southen bank, PNB swallowed the s p

Posted by bullrun1985 > 2020-10-08 16:03 | Report Abuse

keep dropping.....

Posted by donaldchong1991 > 2020-10-08 16:24 | Report Abuse

Eco world to decide the merger decision on board today

Posted by ElwinPg > 2020-10-08 16:29 | Report Abuse

Can someone please help buy at 38sen? I'm already placed order to sell 2000 lots at 38sen. Please help buy it.

Posted by bullrun1985 > 2020-10-08 17:09 | Report Abuse

I have makan ur shares

Posted by hengeh > 2020-10-08 17:11 | Report Abuse

Ya xuxu, you may leave this stock dy. Don

Posted by labu83 > 2020-10-09 22:50 | Report Abuse

Merger or what ever,? , I just want know, goreng or not...

Posted by Smallretailer > 2020-10-10 20:50 | Report Abuse

Khazanah being made a scapegoat to buy ecoworld. The md obviously does not want to be blamed,better exit now and be the target of a failed debt ridden company,or companies (two)

Posted by BN_better > 2020-10-12 07:13 | Report Abuse

Miss Najib as PM.

Posted by BN_better > 2020-10-12 07:17 | Report Abuse

Merger will leave UEM Sunrise saddled with debts, warns Najib
https://www.freemalaysiatoday.com/category/nation/2020/10/11/merger-will-leave-uem-sunrise-saddled-with-debts-warns-najib/

Posted by obakh222 > 2020-10-13 05:47 | Report Abuse

UEMS will always have the magic moneys. With the merger UEMS will have more diversed businesses dont you think?

Posted by SamLiRainMaker > 2020-10-23 11:12 | Report Abuse

guys. is better to turn your attention to WCT now. Something big will be happen in a month time.

Posted by Jeffreyteck > 2020-10-24 10:15 | Report Abuse

Trading range 0.35_0.45.

Posted by cat1815 > 2020-10-26 11:21 | Report Abuse

SamLiRainMaker, any good news?

Posted by SamLiRainMaker > 2020-10-26 15:06 | Report Abuse

WCT is a better choice rather than UEM/Ecoworld at this moment.

Posted by BN_better > 2020-10-28 11:33 | Report Abuse

I think Najib better PM than Muhyiddin haha. He still care abt Uem S.

Posted by koyokui > 2020-10-30 09:09 | Report Abuse

Buy uems when low tp 70sen

Posted by Hidup_PN > 2020-11-05 11:09 | Report Abuse

HSR Budget 2021 must go ahead?

Posted by Hidup_PN > 2020-11-05 11:10 | Report Abuse

HSR with Pagoh, Iskandar Puteri as stations stop?

Posted by Seeyounoup > 2020-11-06 20:28 | Report Abuse

congratulation

Posted by tkl88 > 2020-11-07 11:30 | Report Abuse

Superb good news from budget 2021 for the property sector !

购阁直房屋及首购族购50万房产免印花税
https://www.sinchew.com.my/content/content_2372213.html
1)革免个人的产业盈利税, 有效期限从2020年6月1日至2021年12月31日, 每个人限售3个住宅单位.
The exemption for personal or individuals on property gain tax(RPGT), valid from June 1, 2020 to December 31, 2021, each person is limited to the sale of 3 residential units.

2)The RM500,000 or below starter homes likely to boom
Buyers for first homes priced below RM500,000 will get FULL STAMP DUTY exemption on Memorandum of Transfer (MOT) and loan agreement. This is effective for agreements inked from January 2021 all the way to December 2025.
If this is not attracting first time home buyers to buy, I am not sure what else would.

3)Rent-To-Own scheme for FIRST-TIME home buyers only
Government to cooperate with selected financial institutions to provide a Rent-to-Own scheme. This programme will be implemented until 2022 involving 5,000 PR1MA houses with a total value of more than RM1 billion and reserved for first-time homebuyers. This is a SUPER important measure in my opinion. Many may want to buy a home but may not yet have enough downpayment. With this scheme, the buyer can start to become more responsible and may have a chance to own a home a few years down the road.

4)Stamp Duty exemption on stamp duty exemption on loan agreements and transfers given to rescue contractors and original buyers of abandoned houses
This has been extended for another five years. Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz said, “This exemption is for the sale and purchase agreement completed from Jan 1, 2021 until Dec 31, 2025 for abandoned housing projects approved by the Ministry of Housing and Local Government.”

5)New homes under People’s Housing Programme and Rumah Mesra Rakyat
RM1.2 billion will be provided to build up to 14,000 houses under the People’s Housing Programme and RM315 million to build 3,000 units of Rumah Mesra Rakyat by Syarikat Perumahan Negara Berhad (SPNB).

There are 5 things mentioned above on Budget 2021 for property market.
Actually, the above is to stimulate the property market and it is mostly targeted at first time home buyers which will be a very big group. By the way, majority of buyers are buying RM500,000 priced homes or lower and not homes priced above RM500,000. Thus, if the property market moves, this will create a lot of positive stimulus effects to the construction industry too. In other words, these 5 things done right will create more than 5 benefits listed above.
Happy thinking about it, seriously. (I meant first-time home buyers) !

Posted by Seeyounoup > 2020-11-09 09:32 | Report Abuse

Superb good news from budget 2021 for the property sector !

购阁直房屋及首购族购50万房产免印花税
https://www.sinchew.com.my/content/content_2372213.html
1)革免个人的产业盈利税, 有效期限从2020年6月1日至2021年12月31日, 每个人限售3个住宅单位.
The exemption for personal or individuals on property gain tax(RPGT), valid from June 1, 2020 to December 31, 2021, each person is limited to the sale of 3 residential units.

2)The RM500,000 or below starter homes likely to boom
Buyers for first homes priced below RM500,000 will get FULL STAMP DUTY exemption on Memorandum of Transfer (MOT) and loan agreement. This is effective for agreements inked from January 2021 all the way to December 2025.
If this is not attracting first time home buyers to buy, I am not sure what else would.

3)Rent-To-Own scheme for FIRST-TIME home buyers only
Government to cooperate with selected financial institutions to provide a Rent-to-Own scheme. This programme will be implemented until 2022 involving 5,000 PR1MA houses with a total value of more than RM1 billion and reserved for first-time homebuyers. This is a SUPER important measure in my opinion. Many may want to buy a home but may not yet have enough downpayment. With this scheme, the buyer can start to become more responsible and may have a chance to own a home a few years down the road.

4)Stamp Duty exemption on stamp duty exemption on loan agreements and transfers given to rescue contractors and original buyers of abandoned houses
This has been extended for another five years. Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz said, “This exemption is for the sale and purchase agreement completed from Jan 1, 2021 until Dec 31, 2025 for abandoned housing projects approved by the Ministry of Housing and Local Government.”

5)New homes under People’s Housing Programme and Rumah Mesra Rakyat
RM1.2 billion will be provided to build up to 14,000 houses under the People’s Housing Programme and RM315 million to build 3,000 units of Rumah Mesra Rakyat by Syarikat Perumahan Negara Berhad (SPNB).

There are 5 things mentioned above on Budget 2021 for property market.
Actually, the above is to stimulate the property market and it is mostly targeted at first time home buyers which will be a very big group. By the way, majority of buyers are buying RM500,000 priced homes or lower and not homes priced above RM500,000. Thus, if the property market moves, this will create a lot of positive stimulus effects to the construction industry too. In other words, these 5 things done right will create more than 5 benefits listed above.
Happy thinking about it, seriously. (I meant first-time home buyers) !

Posted by tkl88 > 2020-11-09 14:54 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 22:35 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 23:53 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

Posted by tkl88 > 2020-11-09 23:53 | Report Abuse

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

Posted by tkl88 > 2020-11-11 19:29 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 percent)
Brent => $45.16 ‪(+1.55) (+3.55 percent)‬
‪Huat ah ! Heng ah ! Ong ah !‬

Posted by labu83 > 2020-11-16 18:21 | Report Abuse

Time to move break 0.45 cent, please 48 cent tomorrow

Posted by tkl88 > 2020-11-17 08:03 | Report Abuse

Dow Jones continue to spike up like mad !
Dow Jones closed at=>29,950.44 (+470.63) (+1.60 %)

Huat ah ! Heng ah ! Ong ah !

Posted by xjteh > 2020-11-17 21:30 | Report Abuse

UEMS: triple bottom (0.36) formed with breakout upon the neckline 0.415. TP1:0.46, TP2: 0.505

Posted by labu83 > 2020-11-18 17:31 | Report Abuse

Time to move more 44 sen

Posted by Diamond7 > 2020-11-18 22:19 | Report Abuse

Why up today?
Any good news?

Posted by Diamond7 > 2020-11-18 22:21 | Report Abuse

Tkl88
What has oil to do with this counter?

Posted by tkl88 > 2020-11-20 07:01 | Report Abuse

Diamond7, oil price up means good to our economy to become prosperous lor coz we are the net Crude oil exporting country !

Posted by tkl88 > 2020-11-20 07:01 | Report Abuse

Economy prosperous then peoples will got monies to buy properties then property sector will be booming and become prosperous also !

Posted by tkl88 > 2020-11-20 07:02 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

Posted by ALEXHY > 2020-11-20 09:32 | Report Abuse

tkl88 lets hoot 99 e

Posted by Diamond7 > 2020-11-20 13:01 | Report Abuse

Theme play is construction company
Buy UEMS low n keep

Posted by ALEXHY > 2020-11-20 14:03 | Report Abuse

yes, buy low and keep

but how long do you think it will limit up diamond 7

Posted by Diamond7 > 2020-11-20 18:24 | Report Abuse

Doubt will move up now
Hopefully can get at 38 cents

After merger may move

Posted by tkl88 > 2020-11-24 02:27 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 %)‬
Brent => $45.80 ‪(+0.73) (+1.62 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by tkl88 > 2020-11-25 07:04 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 %)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 %)‬

Posted by tkl88 > 2020-11-25 07:12 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-26 19:50 | Report Abuse

Budget 2021 approved by Dewan Rakyat

Ahmad Naqib Idris/theedgemarkets.com
November 26, 2020 15:32 pm +08
https://www.theedgemarkets.com/article/budget-2021-approved-dewan-rakyat

KUALA LUMPUR (Nov 26): After a heated session during Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz’s wrapping-up speech on Budget 2021, the bill was approved at the policy stage.
Towards the end of the session, Dewan Rakyat Speaker Datuk Azhar Azizan Harun asked for a show of hands of those for and against the budget, and decided that there were more Members of Parliament (MPs) who agreed with the budget, although Pokok Sena MP Datuk Mahfuz Omar interjected and motioned for a tally of the votes.
However, this required 15 MPs to support the call for a tally. Only 13 stood up in support of the tally, according to the Speaker.
“There are fewer than 15 people [supporting the call for a tally]. There are more voices [in agreement with the budget]. The bill will see its second reading now,” he said.
The wrap-up by the minister was a heated one as ruling and opposition MPs furiously interjected for clarifications of certain issues, including the expansion of the Employees Provident Fund's (EPF) i-Sinar facility to include those receiving pay cuts due to the Covid-19 pandemic.
Subang MP Wong Chen claimed that the EPF’s inflows amount to no more than RM20 billion per year, and therefore could not cover the total increased allocation of RM70 billion for the i-Sinar facility.
“Where is the EPF going to find the extra RM50 billion? Are they going to sell their shareholdings in listed companies on Bursa Malaysia? If this hits the headlines tomorrow, we will have a big problem,” he said.
However, Tengku Zafrul clarified that the EPF is seeing inflows of RM80 billion per year, adding that the Ministry of Finance (MoF) had looked into the matter.
“I would like to correct the facts. We conducted a detailed analysis of this for over a week. Actually, the inflows are not RM20 billion, RM30 billion or RM40 billion. It is RM80 billion per year,” responded the minister.
Following that, Wong pointed out that withdrawals by contributors, amounting to RM40 billion to RM50 billion per year, had to be taken into account as well — before his microphone was muted by the Speaker.
The session quickly devolved into a shouting match among the MPs, which resulted in intermittent muting of the MPs’ microphones by a visibly irritated Speaker.
“This is embarrassing behaviour. We are debating on the budget and this is how we are behaving? The rakyat are watching all of us here!” he said.
Other points mentioned during Tengku Zafrul's speech included a reduction in allocation for the Special Affairs Department (JASA) to make way for increases in other allocations, although he did not elaborate.
On the various proposals for a further extension of the loan moratorium, he said all who are eligible — whether they are in the B40, M40 or T20 category — will be able to request for various forms of assistance, which also include reducing or rescheduling loan repayments, from their respective banks.