Posted by yauboon > 2023-10-14 06:33 | Report Abuse

More upside next week?

Posted by Good123 > 2023-10-16 09:30 | Report Abuse

Good morning 🌻

*Budget 2024: Fiscal Reforms Unfolding*

- Key Takes for Budget 2024: slightly expansionary (after stripping out hefty 1MDB bond redemption in 2023), SST raised to 8% fr 6% alongside introductions of various new taxes (capital gains taxes, luxury taxes), 4.3% fiscal deficit (2023e: 5.0%), significantly lower subsidy and dividend contribution from Petronas (refer to )
- *While Budget 2024 is not particularly exciting for equities, being fiscal reform-centric and lacking details on incentives for businesses (NIMP 2030, MM2H), we maintain our view for FBMKLCI to close the year higher (target 1,540), driven by external optimism and events unfolding beyond Budget
- Fiscal reforms support our view for the ringgit to eventually appreciate
- Externally, equity markets should by year-end partly price in easing global inflation pressures and interest rate downcycle, semiconductor cycle recovery, and some economic recovery in China
- *Domestically, in Oct we look forward to the Malaysia-Singapore leader’s retreat (deciding on Special Economic Zone detail in Johor) and council of rulers meeting (likely appointment of Agong), and significant earnings recovery in 2023

*Implications/Opportunities of Budget*

- a) Slower domestic consumption, although there are mitigating factors
- b) Iskandar 2.0 investment theme to be catalyzed by aforementioned events expected in Oct, although the Budget touched on only the loosening of MM2H criteria
- c) Mega projects beneficiaries (refer to Construction sector comments)
- d) Sin sector: No new indirect taxes, so expect gradual recoveries of gaming companies
- e) Chicken Run? Uplifting of price controls for chicken & egg could re-rate some low PE stocks (eg CAB – refer to selective peer comparison)
- f) GST unlikely to be introduced in future years with the upsized SST.

Thanks.

Posted by Good123 > 2023-10-16 13:25 | Report Abuse

https://www.bharian.com.my/bisnes/pasaran/2023/10/1165682/pelabur-asing-beli-semula-saham-di-bursa-malaysia

Posted by Good123 > 2023-10-16 13:25 | Report Abuse

www.bharian.com.my/bisnes/pasaran/2023/10/1165682/pelabur-asing-beli-semula-saham-di-bursa-malaysia

Posted by JejakaDuit > 2023-10-17 09:29 | Report Abuse

target today -----rm0.12...maybe

Posted by JejakaDuit > 2023-10-18 09:25 | Report Abuse

otw todayyyy

Posted by JejakaDuit > 2023-10-18 09:50 | Report Abuse

wait until 10.00am - if touch to 0.105 - go or not---

Posted by JejakaDuit > 2023-10-18 15:55 | Report Abuse

ok touch already 0.105 - waiting 0.110

Posted by JejakaDuit > 2023-10-18 17:10 | Report Abuse

Smile today
Tomorow fly again
Good luck guys

Posted by JejakaDuit > 2023-10-19 08:46 | Report Abuse

Morning Guys - TP for Today 0.12 - hopefully - flyyyy

Posted by JejakaDuit > 2023-10-19 08:48 | Report Abuse

A rate cut will be bad news for stocks, JPMorgan warns — and outlines where to invest..?

Posted by Good123 > 2023-10-19 11:14 | Report Abuse

Ringgit falls to 25-year low, the worst performer in Asia after yen this year
By Marcus Wong / Bloomberg

Posted by Good123 > 2023-10-19 11:15 | Report Abuse

Gaza makin Hancur, best untuk picorp.. banyak projek kelak

Posted by Good123 > 2023-10-19 11:15 | Report Abuse

15-20sen easily reached

Posted by Superb99 > 2023-10-20 11:37 | Report Abuse

15 to 20 cents, sure bo, macam heading to Holland already, unable to breakout

Posted by JejakaDuit > 2023-10-23 09:15 | Report Abuse

Today TP Picorp 0.150 hopefully - go go goooooooooo

Posted by JejakaDuit > 2023-10-23 09:58 | Report Abuse

shark is coming....

Posted by Good123 > 2023-10-23 12:04 | Report Abuse

15-20sen.. banyak pencemaran di timur tengah, terutamanya Gaza.. projek2 bagi picorp otw

Posted by Superb99 > 2023-10-24 02:52 | Report Abuse

Forever 105 counter

Posted by anisbin > 2023-10-24 08:09 | Report Abuse

Touched 11 sen... Slow2 climbing...

Posted by JejakaDuit > 2023-10-24 08:26 | Report Abuse

Morning today kita try push to 0.14
Hopefully kalau x menarik kita sell hahaha
Mcm mana nak naik if tak beli and asyik condemm jer .. kalau x minat this counter abaikan
Ikut citarasa masing2 k
Peace yoo

Posted by Good123 > 2023-10-24 09:39 | Report Abuse

balik 35sen macam dlm bulan feb tahun ni kan? haha

Posted by Good123 > 2023-10-24 09:40 | Report Abuse

banyak projek di timur tengah nanti... peperangan membawa kemusnahan... pencemaran udara, dll... baik bagi picorp

Posted by JejakaDuit > 2023-10-24 09:50 | Report Abuse

bila tengok pada chart - mcm tu lah nampaknya - pelan2 kayuhh - sampai ke Feb 2024 hhahaa

Posted by Good123 > 2023-10-25 08:38 | Report Abuse

Picorp dah ada subsi kat Saudi. :)


HLIB Research said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

PETALING JAYA: Hong Leong Investment Bank (HLIB) Research says it is mildly positive on Dagang Nexchange Bhd’s (Dnex) venture into the Middle East and North Africa (Mena) region by leveraging technology solutions from China and Saudi Arabia.

The research house said Dnex is actively looking for avenues to expand its information technology business by tapping its experience and expertise in serving the public sector in Malaysia.

Should the venture come to fruition, Dnex will predominantly be responsible for providing the technical know-how and providing information and communication technology (ICT) infrastructures and subsequent maintenance works.

“We revamped our model and reintroduced our 18-month financial year 2023 (FY23), FY24 and FY25 forecasts at RM160.6mil, RM145.2mil and RM179mil, respectively.

“We have also not imputed this development into our forecasts until some contract wins are announced,” HLIB Research said in a report yesterday.

Dnex recently announced that it had entered into a joint-venture (JV) agreement with Zhongheguoji Construction Group Co Ltd (CSI) to set up a JV enterprise (China JVE) to provide licenses and/or services to Chinese and international customers.

The JVE also allows Dnex to access technology and solutions from China in areas of smart city and artificial intelligence, among others.

The registered capital of the JVE amounts to 20 million yuan (RM13mil) and will be funded by internally generated funds. Dnex would hold a 60% stake in China JVE, while CSI would own the balance of 40%.

Recall that Dnex and Ajlan and Bros Holding Group previously signed a JV agreement in March this year to form an equally-owned JV (KSA JV) to carry out systems integration in smart cities and large enterprise projects in the Mena region.

The newly formed JV agreement with CSI and the collaboration agreement between both JVs to be incorporated mark a continuation of Dnex’s venture into the Mena region by leveraging technology solutions from China and Ajlan and Bros’ access to the region.

HLIB Research noted that this venture is in conjunction with the objectives of Saudi Vision 2030.

This is the kingdom’s aim to implement smart-city projects across cities such as Makkah, Riyadh, Jeddah, Al-Madinah and Al-Ahsa, allowing Dnex to ride on the growing ICT spending in years to come from the kingdom.

Posted by Good123 > 2023-10-25 10:04 | Report Abuse

kawan food bhd... nampaknya berpotensi tak terhingga... have a look ya :)

Posted by MarioBros > 2023-10-26 11:34 | Report Abuse

Good123, whats the connection between those articles with picorp?

Posted by JejakaDuit > 2023-11-01 09:28 | Report Abuse

Is coming game to start

Posted by pendekarbujang > 2023-11-02 15:36 | Report Abuse

slow or fast will definitely go up. the operator is arranging the price at 0.095 and 0.10

Posted by Untapadangpasir > 2023-11-15 15:32 | Report Abuse

Where all my picorp sifu?🙏

Posted by TCH1186 > 2023-11-15 16:13 | Report Abuse

good123 is picorp sifuuuuu xD

Posted by Superb99 > 2023-11-23 11:04 | Report Abuse

Useless counter

Posted by pendekarbujang > 2023-11-27 09:25 | Report Abuse

Q3 results will be better and definitely turned black.

Posted by pendekarbujang > 2023-11-27 10:51 | Report Abuse

revenue will likely be in the range of 25-26 million with net profit in the range of 1.5-2 million

Posted by JejakaDuit > 2023-11-28 07:11 | Report Abuse

Today is a day to fly $$$ accepted project in indonesia & q3 profit bravoooo

Posted by pendekarbujang > 2023-11-28 07:46 | Report Abuse

Positive news,positive momentum

Posted by pendekarbujang > 2023-11-28 14:54 | Report Abuse

FA and TA looks good.uptrend

Posted by Good123 > 2023-12-04 12:23 | Report Abuse

KUALA LUMPUR (Nov 27): Integrated environmental solutions provider Progressive Impact Corp Bhd has secured a contract from Indonesian state-owned energy company Pertamina Hulu Rokan to provide environmental sampling and laboratory analysis services for 52.53 billion Indonesian rupiah (RM15.73 million).

In a filing with Bursa Malaysia on Monday, Progressive Impact said its subsidiary PT ALS had entered into a contract dated July 12, 2023 with Pertamina Hulu Rokan for the three-year job, which commenced on July 14, 2023.

It said the contract is a continuation of the existing business that PT ALS has with Pertamina Hulu Rokan, and serves as an expansion of its business into the Indonesian market.

"The Pertamina Hulu Rokan project will have a wider positive impact in Indonesia. In the future, Pertamina Hulu Rokan is expected to become one of the main oil and gas producers in Indonesia, contributing to meeting national energy needs," it said.

On Monday's market close, Progressive Impact's shares were unchanged at 8.5 sen, with a market capitalisation of RM52.82 million.

Posted by TCH1186 > 2023-12-06 09:11 | Report Abuse

are you ready kids? ai ai captainnnnnnn ooooooooooooooooooooooooooo~

Posted by hinakojw > 2023-12-19 10:02 | Report Abuse

Bought after refer sifu(s) comment. However nearly 1 month already still not moving, can somebody advise better to hold or run. Thanks

Posted by JejakaDuit > 2023-12-19 15:12 | Report Abuse

hold lah if you have a extra money - maybe soon can fly be waiting - sure this counter fly - maybe nextweek or 2 Jan 2024 start moving

Posted by JejakaDuit > 2023-12-29 09:20 | Report Abuse

otwwwww rocket for New year 2024

Posted by JejakaDuit > 2023-12-29 09:22 | Report Abuse

yeahhhhhhhhhhhhhhhhhhhh

Posted by TCH1186 > 2023-12-29 09:26 | Report Abuse

Finally~

Posted by TCH1186 > 2023-12-29 09:27 | Report Abuse

SMTM. Peoples are gambling. Most of pennies stock are hike

Posted by pendekarbujang > 2023-12-29 09:29 | Report Abuse

Sell la.This operator bengong.Already late into gambling

Posted by pendekarbujang > 2023-12-29 09:46 | Report Abuse

This operator is so afraid..They collected 0.08-0.085 long ago..Just dare to push about 1.5 cents only

Posted by TCH1186 > 2023-12-29 11:27 | Report Abuse

I knew it. Sold dy. 105. 3w inside like hell. Jajajajaja

Posted by Kim > 2023-12-29 15:13 | Report Abuse

Game jom. Wait & Watch =)
Gocean track =)
Kikiki

Posted by Kim > 2023-12-29 15:33 | Report Abuse

9.5 -10.5 Entry ticket =)