Posted by Good123 > 2020-11-14 06:53 | Report Abuse

mct's revenue will surge in Q3,2020 to be released next week probably. look at SP Setia's sales in Q3, 2020 for Malaysia.

Quarterly revenue, however, surged 226% to RM1.08 billion from RM331.3 million in the preceding quarter, as the property developer saw overall better sales in Malaysia after the Movement Control Order, and higher take-up at its Daintree Residence project in Singapore. The latest quarterly revenue is also up 16% from the RM932.07 million it recorded a year ago, when net profit came in at RM84.55 million.

Posted by Victor Yong > 2020-11-14 07:26 | Report Abuse

:)


Li expects the value-growth reversal to emerge again when one of the vaccine candidates under development is ultimately approved for use.

Even though there’s a long road ahead to widespread adoption of a vaccine, a successful Moderna trial would help cement the rotation into value stocks, small caps and cyclicals, said Solomon Tadesse, head of North American equity quant research at Societe Generale.

"If Moderna’s trial is as good as Pfizer’s, it provides a confirmation of the current belief that there is a clearer path to the end of the health crisis, ” he said in an email. - Bloomberg

Posted by Victor Yong > 2020-11-14 10:51 | Report Abuse

many foreigners may visit and buy properties for vacation, investment or retirement :)

Ayala can bring more rich filipinos to buy mct properties :)

KUALA LUMPUR (Nov 13): An additional allocation of RM200 million has been provided to the Ministry of Tourism, Arts and Culture Malaysia (MOTAC) for the implementation of the stimulus package under the Tourism Rehabilitation Plan for 2021.

Its Minister Datuk Seri Nancy Shukri in a statement today said apart from the allocations announced by the Finance Minister during the presentation of the Budget, there were several other provisions under MOTAC specifically to assist the tourism, arts and culture sectors.

"This is expected to stimulate and inject domestic spending consistently and in turn create a multiplier effect, especially for industries linked to the tourism, arts and culture sectors," she said.

She said the stimulus package included accommodation vouchers, tourist destination discounts, family travel package discounts as well as the revitalisation of arts and culture.

"Also included in this recovery plan are transportation discounts, shopping discounts and discount packages for frontliners as well as the ‘Meet in Malaysia Campaign’," she said.

Yesterday, she chaired an online engagement session with tourism and culture industry activists.

Among those involved were Malaysia Airlines, Air Asia, Malaysian Association of Tour and Travel Agents (MATTA), Malaysian Association of Hotel Owners (MAHO) and Malaysian Artistes' Association (Karyawan).

Nancy said the government also understood the situation of industry players who were badly affected by the COVID-19 pandemic and would work to ensure the industry remained competitive and recovered quickly through various stimulus packages and recovery plans to be implemented based on the announced Budget.

Posted by Victor Yong > 2020-11-14 17:11 | Report Abuse

KUALA LUMPUR (Nov 14): Bursa Malaysia is expected to trade higher next week with investors likely to go on a bargain-hunting mode following last week's losses but progress in the Covid-19 vaccine development will weigh on risk appetite.

Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said the local bourse could expect to see further retracement in the glove counters due to Covid-19 vaccine news.

He also expects small capitalisation stocks to start making a comeback.

Posted by Victor Yong > 2020-11-16 07:42 | Report Abuse

The best property developer with the cash rich Ayala. Takda money issue, mau berapa pun Ada, bukan?

Posted by Good123 > 2020-11-16 08:49 | Report Abuse

Harga sasaran 20sen anytime, Tanya pengurus Dana anda

Posted by Good123 > 2020-11-16 09:02 | Report Abuse

buka Dalam hijau, just the start

Posted by Victor Yong > 2020-11-16 09:44 | Report Abuse

Q3 results keluar minggu depan probably

Posted by Good123 > 2020-11-16 10:18 | Report Abuse

Bloomberg reported Asian stocks climbed with US futures amid positive sentiment on trade in the region and after a US national lockdown was ruled out. The dollar retreated.

The Asian benchmark was on track for a record close as shares rose across the region with Japan and South Korea outperforming. Asia Pacific nations including China, Japan and South Korea on Sunday signed the world’s largest regional free-trade agreement.

Posted by Good123 > 2020-11-16 10:26 | Report Abuse

mgo price offered previously 88sen, kenanga beritahu tak Adil patut rm1.38. kini 16.5sen big margin of safety bukan?

Posted by Good123 > 2020-11-16 10:38 | Report Abuse

cash hedging gain for mct with a stronger RM

KUALA LUMPUR: The ringgit opened higher today against the US dollar, supported by the signing of the Regional Comprehensive Economic Partnership (RCEP) yesterday.

The RCEP agreement was signed among its 15 participating countries. Participating countries include the 10 member countries of the Association of Southeast Asian Nations (ASEAN), as well as China, Japan, South Korea, Australia and New Zealand.

At 9.06 am, the local currency stood higher at 4.1150/1230 against the greenback compared with last Friday’s close of 4.1220/1260.

Axi chief global market strategist Stephen Innes said the signing of RCEP will be favourable for the local note as is the general tailwind from the COVID-19 vaccine which would reduce the chances for some of the markets more downside extreme scenarios.

"The greenback should also weaken a touch broadly under this scenario which should boost the ringgit today,” he told Bernama.

Against other major currencies, the ringgit was traded mostly lower at the opening today.

It fell against the Singapore dollar to 3.0570/0643 from last Friday’s close of 3.0558/0608 and decreased against the British pound to 5.4384/4494 from 5.4291/4360.

The local note weakened vis-a-vis the yen to 3.9329/9417 from 3.9246/9288 but appreciated against the euro to 4.8734/8845 from 4.8743/8802 previously. - Bernama

Posted by Good123 > 2020-11-16 10:44 | Report Abuse

CASH AND CASH EQUIVALENTS ATTACHED END OF PERIOD RM419,583,000 as at 30/6/2020

Posted by Good123 > 2020-11-16 10:46 | Report Abuse

no of shares issued 1.46bil, cash per share~ 29sen per share

Posted by Good123 > 2020-11-16 11:10 | Report Abuse

seem big ROI sooner or later. patience is a virtue

Posted by Moneyking543 > 2020-11-16 12:02 | Report Abuse

you look at me I look at you.... hahahaha

Posted by Good123 > 2020-11-16 12:04 | Report Abuse

bagiku, buy n hold, Ada Ayala's support, takut APA

Posted by Good123 > 2020-11-16 12:13 | Report Abuse

BEIJING: Chinese new home prices grew at a slower monthly pace in October, data showed on Monday, as many developers moved to cut prices to promote sales amid tighter government scrutiny on borrowing.

Average new home prices in 70 major cities rose 0.2% in October from a month earlier, the slowest monthly growth rate since March and down from September's 0.4% growth, according to Reuters calculations based on data released by the National Bureau of Statistics (NBS).

Compared with the same month a year earlier, home prices rose 4.3% in October, easing slightly from September's 4.6% growth.

Zhang Dawei, a Beijing-based analyst with property agency Centaline, said the tightening measures imposed by many cities have started to put pressure on home prices growth, especially as some have rolled out price caps on new home projects.

Sales promotion campaigns amid increasing housing supply during the traditional peak season also weighed on prices, Zhang added.

China's massive property market recovered quickly from the coronavirus crisis earlier this year, due to cheaper credit and looser purchase restrictions in some cities.

But with sales picking up steam, policymakers have taken a tougher stance since the start of the second half of the year, with regulators increasing scrutiny on financing activities of developers and buyers to prevent rampant growth in borrowing.

The NBS data on Monday also showed the number of cities reporting monthly price increases for new homes fell to 45 out of 70 from 55 in September.

In contrast with the softening prices data, China's October real estate investment rose 12.7% from a year ago, quickening from September's 12% and the fastest pace since July 2018, according to Reuters calculations based on data from NBS.

Property sales by floor area rose by a solid 15.3%, the highest in more than three years, while new construction starts expanded 3.5%, improving from last month's fall of 1.9%.

"The robust investment data was mainly fuelled by home construction activity, as developers' land purchase slowed down since the third quarter as regulators planned to impose rules to curb their debt levels," said Nie Wen, economist at Shanghai-based Hwabao Trust.

"I expect solid 5-10% year-to-date property investment growth to continue till the first half of next year if current sales momentum remains." The Chinese Communist Party leadership recently reiterated its existing policy of discouraging speculation in the property market.

Analysts say strict buying restrictions and price caps are likely to remain in place, especially in higher-tier cities where pent-up demand is still robust.

In addition, deleveraging for homebuilders to tackle unbridled borrowing is becoming an increasingly important policy, an effort by authorities to institute a long-term supervision mechanism for the market. - Reuters

Posted by Victor Yong > 2020-11-16 14:36 | Report Abuse

In sept 2020, sudden surge, more than 200m shares traded on a particular day, be patient

Posted by Victor Yong > 2020-11-16 14:38 | Report Abuse

Started flying cheers

Posted by Victor Yong > 2020-11-16 14:39 | Report Abuse

Flying rigorously

Posted by Victor Yong > 2020-11-16 14:39 | Report Abuse

17sen to be cleared

Posted by Victor Yong > 2020-11-16 14:41 | Report Abuse

Sudden surge

Posted by Victor Yong > 2020-11-16 14:42 | Report Abuse

17sen is flying off the shelf fast too

Posted by Victor Yong > 2020-11-16 14:42 | Report Abuse

12mil shares ++ traded

Posted by Victor Yong > 2020-11-16 14:43 | Report Abuse

Big fund rushed in kot?

Posted by Victor Yong > 2020-11-16 14:44 | Report Abuse

Just started

Posted by Victor Yong > 2020-11-16 14:45 | Report Abuse

Baik, graf cantik

Posted by Victor Yong > 2020-11-16 14:45 | Report Abuse

Baru naik secara mendadak

Posted by Victor Yong > 2020-11-16 14:46 | Report Abuse

Fundamental baik Graf baik

Posted by Victor Yong > 2020-11-16 14:46 | Report Abuse

Sudden surge in demand

Posted by Victor Yong > 2020-11-16 14:46 | Report Abuse

Peluang keemasan just started

Posted by Victor Yong > 2020-11-16 14:49 | Report Abuse

Ayala sapu balik mau swastakankah?

Posted by Victor Yong > 2020-11-16 14:50 | Report Abuse

~13m shares traded naik

Posted by Victor Yong > 2020-11-16 14:51 | Report Abuse

Sedikit lagi 17sen habis

Posted by Victor Yong > 2020-11-16 14:53 | Report Abuse

Cool ... sabar je ROI baru Start

Posted by Victor Yong > 2020-11-16 14:53 | Report Abuse

20sen+++ makin nyata :)

Posted by Good123 > 2020-11-16 15:02 | Report Abuse

13mil Shares traded

Posted by Good123 > 2020-11-16 15:02 | Report Abuse

good news OTW probably

Posted by Good123 > 2020-11-16 15:03 | Report Abuse

sesiapa Jual terlalu awal Akan rugi besar kot

Posted by Good123 > 2020-11-16 15:04 | Report Abuse

sapu jika Ada bullet surplus macam Ada sesuatu Yang luar biasa

Posted by Good123 > 2020-11-16 15:04 | Report Abuse

Ayala fund manager juga suka kan!??

Posted by Victor Yong > 2020-11-16 15:46 | Report Abuse

~15m shares traded

Posted by Victor Yong > 2020-11-16 15:47 | Report Abuse

Close at 17sen n closer to 20sen or higher probably

Posted by Victor Yong > 2020-11-16 15:49 | Report Abuse

Ayala Kaya :)

Posted by Victor Yong > 2020-11-16 15:50 | Report Abuse

Tiada sebab tak pulih n naik kot

Posted by Victor Yong > 2020-11-16 15:55 | Report Abuse

Adequately capitalised

Posted by Victor Yong > 2020-11-16 15:56 | Report Abuse

A subsidiary of a large and famous group called Ayala

Posted by Victor Yong > 2020-11-16 15:57 | Report Abuse

Takda iisu kewangan, supported by Ayala

Posted by Victor Yong > 2020-11-16 15:58 | Report Abuse

Ayala Corporation - Wikipedia
Ayala Corporation is the publicly listed holding company for the diversified interests of the Ayala Group. Founded in the ...
Founders: Domingo Róxas; Antonio de Ayala
Total assets: ₱1.3 trillion (FY 2020)
Net income: ₱42 billion (FY 2020)
Revenue: ₱264.9 billion (FY 2020)

Posted by AllanTingAS > 2020-11-16 21:28 | Report Abuse

Tomorrow trading volume must exceed 15 million shares in order to keep the price at >= 17 sen.