Posted by kyliew > 2022-06-22 17:52 | Report Abuse

The coming recession in 6 - 18 months, don't waste your time and energy in Bursa. Even if u are targeting Maybank blue chip, at most it will just drop little bit to RM6-7 and then post recovery to RM8-9. Only small profit....u look at US stock example drop more, up also more at least 100% from bottom price with consistent gomen policy. Unlike here besok lusa policy. Sad but this is the reality of Bursa.

Posted by billionman > 2022-06-22 17:54 | Report Abuse

BNM international reserves slip below US$110 bil

Publish date: Wed, 22 Jun 2022, 05:21 P
KUALA LUMPUR (June 22): The international reserves of Bank Negara Malaysia (BNM) amounted to US$109.2 billion as at June 15, 2022, the central bank said on Wednesday (June 22, 2022).

"The reserves position is sufficient to finance 5.5 months of imports of goods and services, and is 1.1 times the total short-term external debt," BNM said.

At US$109.2 billion, BNM's latest-reported international reserves slipped below US$110 billion for the first time, possibly since March 2021 when the figure stood at US$108.62 billion, according to BNM data.

Prior to Wednesday (June 22, 2022), BNM had previously reported its international reserves data on June 8, 2022 when the central bank said the figure stood at US$112.8 billion as at May 31, 2022.

On Wednesday (June 22, 2022), the central bank said that as at the close of business on June 15, 2022, its assets were valued at RM520.93 billion.

"The US dollar equivalent of international reserves as at June 15, 2022 was US$109.2 billion," BNM said.

According to BNM, the main components of its international reserves included foreign currency reserves which stood at US$96.3 billion, International Monetary Fund (IMF) reserves at US$1.4 billion besides US$6 billion worth of IMF-linked special drawing rights (SDRs).

The main components of BNM's international reserves included US$2.4 billion worth of gold and US$3.1 billion worth of other reserve assets.

https://www.theedgemarkets.com/article/bnm-international-reserves-slip-below-us110b

Posted by billionman > 2022-06-22 17:56 | Report Abuse

Just imagine SE debt only nearly RM20 billions ........for a company..as comparison........

Posted by billionman > 2022-06-22 18:03 | Report Abuse

closing 0.04 cents.........hayaaa NTA 0.02 cents...about to achieved....diving slowly but surely

Posted by OKU_2020 > 2022-06-22 18:12 |

Post removed.Why?

Posted by billionman > 2022-06-22 18:44 | Report Abuse

See the agenda.. same no difference...

NOTICE IS HEREBY GIVEN THAT the 46th Annual General Meeting of the Company will be
conducted virtually through live streaming from the broadcast venue at Tricor Business Centre,
Gemilang Meeting Room, Unit 29-01, Level 29, Tower A, Vertical Business Suite, Avenue 3,
Bangsar South, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur, Malaysia (“Broadcast Venue”) on
Wednesday, 22 June 2022 at 11.00 a.m. to transact the following businesses:

NOTICE OF
ANNUAL GENERAL MEETING

AGENDA
ORDINARY BUSINESS

1. To receive the Audited Financial Statements together with the Directors’ and Auditors’ reports
for the financial year ended 31 January 2022. To consider and if thought fit, to pass the following Ordinary Resolutions:

2. (i) To re-elect Tan Sri Dato’ Seri Ir. Shamsuddin bin Abdul Kadir who retires by rotation
pursuant to Article 110 of the Company’s Constitution and being eligible, offers himself for
re-election.

(ii) To re-elect Encik Md. Shah bin Hussin who retires by rotation pursuant to Article 110 of the
Company’s Constitution and being eligible, offers himself for re-election.

(iii) To re-elect Puan Sri Datin Seri Mariam Parineh who retires by rotation pursuant to Article
110 of the Company’s Constitution and being eligible, offers herself for re-election.

(iv) To re-elect Datuk Syed Izuan bin Syed Kamarulbahrin who retires pursuant to Article 114
of the Company’s Constitution and being eligible, offers himself for re-election.

3. To reappoint Messrs. Ernst & Young PLT as Auditors of the Company until the conclusion of the
next Annual General Meeting and to authorise the Directors to fix their remuneration.

4. Directors’ Fees

(i) To approve the payment of Directors’ fees amounting to RM379,610 for the Non-Executive
Directors in respect of the financial year ended 31 January 2022.

(ii) To approve the payment of Directors’ remuneration (excluding Directors’ fees) to the
Non-Executive Directors up to an amount of RM140,000, from the date of this Annual
General Meeting until the next Annual General Meeting of the Company in year 2023.

p/s ..........cut directors fees...hahahahahahahaaa company is facing hardship.....why not?

Posted by billionman > 2022-06-22 18:50 | Report Abuse

no throwing chairs...virtually hahahaa

Posted by TRexxx > 2022-06-22 18:54 | Report Abuse

Bursa cirit birit

Posted by kyliew > 2022-06-22 19:00 | Report Abuse

They mute u from swearing on the mic

Posted by OKU_2020 > 2022-06-22 19:50 | Report Abuse

hmmm....Face Saving & Avoiding MIC throwing chair

Posted by billionman > 2022-06-22 19:53 | Report Abuse

hahaaa just laughing at the comments..joyful but valid. hahaha

Posted by billionman > 2022-06-22 19:54 | Report Abuse

throw chairs at pc screen then..hahaa

Posted by billionman > 2022-06-22 19:54 | Report Abuse

,or worst throw smashed ur Iphone....hshaa

Posted by billionman > 2022-06-22 19:56 | Report Abuse

revoked all renumerations for board D

Posted by OKU_2020 > 2022-06-22 20:01 | Report Abuse

Oooo yaaa....still remember " Australian Egg Boy " ?...
No Chance to be that since it was On Line....Pergghhh..

Posted by Mabel > 2022-06-22 20:04 | Report Abuse

Do you know that Today is No Panty Day?

KLSE having period today, down another 27 pts..

SE down 0.5 sen
SD down 1 sen
Dnex down 3 sen
Hibi down 6 sen

Looks like Mr Ku Ku T777@Boobye@T888 is losing his panty again. People already locked profits at 1.30 and you still hanging like Monkey in Hibi..

Mabel feel sad despite having period, still cannot collect SE at Mabel's Target Price..

Sigh

Posted by cicakman > 2022-06-22 20:24 | Report Abuse

More down tommorow..terkencing dalam seluar.
Accidently long term investors.

Posted by OKU_2020 > 2022-06-22 20:28 |

Post removed.Why?

Posted by kyliew > 2022-06-22 20:29 | Report Abuse

It's embarrassing to claim as national heritage better go to close down

Posted by cicakman > 2022-06-22 20:31 | Report Abuse

Jual ubat Pil Chi Kit Tek Aun,Lamotil/Damotil.
S.Shamsudin,Hey Ramlee termasuk ni aku dah 10 kali terkucil.

Posted by OKU_2020 > 2022-06-22 20:43 |

Post removed.Why?

Posted by ken2004 > 2022-06-22 21:27 | Report Abuse

Another chance to gamble......

Posted by OKU_2020 > 2022-06-22 21:32 | Report Abuse

Stocks and oil collapse as recession fears mount
Reuters Economy 1 hour ago (Jun 22, 2022 08:05AM ET)
GLOOMY OUTLOOK for OIL
USD 30 ? possible even Negative as proven before
Arrgghhhh.....

Posted by OKU_2020 > 2022-06-22 21:35 | Report Abuse

April 21 , 2020
The price of US oil has turned negative for the first time in history.

That means oil producers are paying buyers to take the commodity off their hands over fears that storage capacity could run out in May.

Demand for oil has all but dried up as lockdowns across the world have kept people inside.

As a result, oil firms have resorted to renting tankers to store the surplus supply and that has forced the price of US oil into negative territory.

The price of a barrel of West Texas Intermediate (WTI), the benchmark for US oil, fell as low as minus $37.63 a barrel.

Posted by PunTatBerSiul > 2022-06-22 22:14 | Report Abuse

Satay kucing!!

Posted by Mabel > 2022-06-22 23:11 | Report Abuse

PunTatBerSiul Satay kucing!!
22/06/2022 10:14 PM


Haha Dick

How many Dick you have actually?

Some time Mabel see 2 sometime Mabel see 3..sometime Mabel see 4..

You paper trade with your Dick ke?

Hahaha now you lose all your Dicks..

Meow

Posted by Icon 888 > 2022-06-22 23:17 |

Post removed.Why?

Posted by billionman > 2022-06-23 06:30 | Report Abuse

at present..mkt capital RM 639 mil..... fact . Interest on loan total yearly at Half a billion ( RM500 mil ) fact.... so how to fo bz.....cannot brain...Burning cash on going, profiteering Zero.....legacy contract are going on..but non profitable...crazy mam crazy doingvthis kind of bz operandi...dueeee

Posted by billionman > 2022-06-23 06:32 | Report Abuse

how much more sweeteners SE going to sell? misleading bilis and all relenteleslly....trade in own decisions...be mindful of monies politics in the company too.....

Posted by cicakman > 2022-06-23 07:45 | Report Abuse

True or False.
You are buying on news and hopes?

For next 3-6 months my view, there won't be any good news.
If there is one,it is not favourable to ikan bilis.
Currently gamin is looking on the,recessions,inflations ,on whole economy and politic.Sapura biz or investors are not gamin agenda.

Posted by Ninth007 > 2022-06-23 08:00 | Report Abuse

Hahahahaha
Everyone know
Mother is woman
Father is man
Hahahahaha

Posted by OKU_2020 > 2022-06-23 08:04 |

Post removed.Why?

Posted by cicakman > 2022-06-23 08:15 | Report Abuse

Roger..roger oku,received you loud and clear.

Posted by cicakman > 2022-06-23 08:26 | Report Abuse

Biilion,interest RM500 millions excluding the coming new interest rite?
After selling besi buruk NTA I guess not 0.02 cts.It must be lesser,rite?
Like this just tutup kedai in Bursa and just continue do biz as usual.

Posted by OKU_2020 > 2022-06-23 08:36 |

Post removed.Why?

Posted by cicakman > 2022-06-23 08:51 | Report Abuse

YXPM haiyaarrr...put Advance or Millineum PM sound bit better.

Posted by OKU_2020 > 2022-06-23 09:17 | Report Abuse

hmmm.....$

Posted by billionman > 2022-06-23 09:19 | Report Abuse

Posted by Ninth007 > 1 hour ago | Report Abuse

Hahahahaha
Everyone know
Mother is woman
Father is man
Hahahahaha

...............................................................................
knowing and digesting is 2 different things.... similar to listening and hearing is too 2 different things altogether
emmmmm....reading through and just glancing at words too differs unless u choose to be different kinnd haha

Posted by billionman > 2022-06-23 09:22 | Report Abuse

cicak...correct ..the interest is per current situation prevalent...... with OPR and interest spike ..later it might be different towards more....... wait July ....BNM sure will make announcement out of Monetary Committee of BNM.....watchout.....

Posted by cicakman > 2022-06-23 09:26 | Report Abuse

Smart billionman,failed to listen and understand what others are trying to tell.

Posted by paktua73 > 2022-06-23 09:28 |

Post removed.Why?

Posted by billionman > 2022-06-23 09:28 | Report Abuse

Do not be too confidence and too comfortable with current oil trend.

NEW YORK, June 22 -- Oil prices fell on Wednesday as demand worries returned to the market.

The West Texas Intermediate for August delivery lost 3.33 U.S. dollars, or 3 percent, to settle at 106.19 dollars a barrel on the New York Mercantile Exchange. Brent crude for August delivery decreased 2.91 dollars, or 2.5 percent, to close at 111.74 dollars a barrel on the London ICE Futures Exchange.

The pullback came as traders grew concerned that the central banks' aggressive steps to combat inflation would slow growth and hurt demand for fuel.

In his testimony to U.S. Congress on Wednesday, Federal Reserve Chair Jerome Powell said that the central bank is trying to bring inflation down without inflicting too much damage, but the Fed's aggressive rate hikes could tip the U.S. economy into recession.

Oil participants also waited for data on U.S. fuel inventory as the Energy Information Administration is set to release its weekly petroleum status report on Thursday. Analysts surveyed by S&P Global Commodity Insights forecast the U.S. crude inventories to show a fall of 3.7 million barrels for the week ending June 17.

cueing on this dev........anything can happens to ever fluctuating oil trend though the prospects are on the positive side in general

Posted by billionman > 2022-06-23 09:30 | Report Abuse

dare to catch falling knives go ahead..if u re a great and master of juggler...own decisions......but other ppl perspective too is important for the best positioning for the kill

Posted by sailang_now > 2022-06-23 09:35 | Report Abuse

Oh Sapura...
Cepat-cepat masuk nanti terlambat
Kalau salah kalau salah
Kawan kita sudah terdesak
Mana pergi nilainya diri
Tidak sayang diri sendiri
Banyak cakap kena tendang
Kalau diam kena pijak kena ganyang
Banyak sangat pantang larang
Tidak ikut tidak ikut
Kena pelempang
Mana pergi nilainya budi
Kalau menindas kawan sendiri
Fikir-fikir lihatlah diri
Kita hanya hamba dibumi
Kalau kalau kalau begini
Sedih sedih sedih rasanya
Hilang hilang hilang lah erti
Apa apa apa nak jadi
Banyak orang banyak ragam
Main sebat main sebat main hentam
Tidak kira halal haram
Janji dapat janji dapat hati senang
Mana pergi nilainya diri
Tidak kira apa terjadi
Hanya fikir hanya fikir diri sendiri
Asal dapat dihajati
Orang lain orang lain pergi mati...

Posted by Mabel > 2022-06-23 09:41 | Report Abuse

WoW Buyers more than 10X Sellers..

Like that how to get 3.5 sen...

Sigh...

Please try harder...

Posted by billionman > 2022-06-23 09:43 | Report Abuse

1. look at the trending bskl Jun...quite erratic and hard to match with others global market trend.
Generally Bursa index is ..sinking non stop and many stocks also dropping and etc. Chart don't lies but people do.

2. So next logical thing to do is sell everything and keep your cash under your pillow

3. But again .....Refused to cut loss??

reminisce of a guy named somebody. This somebody refused to cut his Xinquan till the shares dropped fm RM1.50+ to few cents b4 being delisted.

That fellow even bought millions of Xinquan on the last day b4 it was delisted saying he can wait to see the cash of RM1.00+ per share in their bank ac...

If he couldn't see then his grandchild can see one day in the future was the reply... hahahahaha sensational story

Posted by paktua73 > 2022-06-23 09:53 |

Post removed.Why?

Posted by cicakman > 2022-06-23 09:58 | Report Abuse

Up half cts @ 12.50 % considered very strong lah.
Nothing much to worry.

Posted by cicakman > 2022-06-23 10:24 | Report Abuse

The problem now is not how to buy..it is how to run cz oredi committed with vol at high price?
It will be a very long wait and while waiting suddenly have lots of accidently investor hilang sabar and decide to run.How?
It is very risky to buy at high same things it is very risky to buy at low.
However it is good to buy at the right times be it at high or low.

Testing...testing sound test.. ujian suasara..ujian suara.

Posted by billionman > 2022-06-23 11:09 | Report Abuse

hahaa sailang u ve valid points ...to added on.... KJ already cautious next 2 ....3 months Second wave covid might reattack..hahaaa political lifeline playing gamesss