Outlook Loh believes the time is ripe for investing.
“This is the time to invest in real estate. The low interest rate and ever-increasing building material and construction costs have [prompted] many to look at the auction market. The replacement cost of these properties is even higher than the auction price, thus it is a good buy,” he shares.
As for commercial properties, he believes retail lots and offices may see softer activity ahead as more people become accustomed to working from home. Larger facilities such as factories and warehouses, however, will continue to be well received.
“Working from home and shopping online may become the norm, thus big office and retail spaces may not be required as much. However, there is buying interest in the logistics and warehousing segment, driven by the e-commerce business model. The interest will continue to give support to the segment,” Loh says.
Tak tahulah! Nanti company secretary pula kata pengarah2 tak benarkan dia buat pengumuman. Biarkanlah hakim di mahkamah menentukan segalanya :)
@Jessgoh
non of the dir get their esos lol.....never read the announcement properly ah...maybe only staff like u grab all and want to sell in mkt now .....all slowly throw to market only......later they do another consol to squeeze all dry.
The most disgusting design flaw is thinking that issuing more shares to directors and related parties will increase its total value (market cap). Issuing share does not create value; it just dilutes existing holders. Exponentially issuing share made the problem a lot worse. Whoever designed this should have their head checked.
KUALA LUMPUR: Bursa Malaysia had a positive start on Monday amid expectations that the market would remain range-bound given the ongoing uncertainties in global markets.
At 9.05am, the FBM KLCI was up 4.67 points to 1,553.79. The overall market was positive with 189 gainers compared with 104 decliners.
According to Kenanga research, the FBM KLCI will probably remain range-bound in the near term with most of the technical indicators exhibiting neutral signals.
"For now, investors will likely remain wary in view of the low market visibility after last week’s patchy performance as tracked by the FBMKLCI (+0.3%), the FBM70 Index (+0.9%), the FBM Small Cap Index (+1.7%), the FBM Fledgling Index (-0.1%) and the FBM ACE Index (unchanged)," it said.
Meanwhile, the corporate earnings results scheduled for this week will likely be in focus, as well as the upcoming new listing on the ACE Market by electronics manufacturing solutions provider Cnergenz.
On the bule-chip index, Petronas Chemicals rose seven sen to RM10.06, Press Metal gained six sen to RM5.32 and Hong Leong Bank added 22 sen to RM21.30.
Mayank gained four sen to RM9, Public Bank added two sen to RM4.54, CIMB climbed four sen to RM5.06.
IOI Corp dropped seven sen to RM4.33, Kuala Lumpur Kepong was flat at RM26.90 and Sime Darby Plantation was also unchanged at RM5.18.
Top actives were Sapura Energy up two sen to nine sen, KNM unchanged at 20 sen and MQTech flat at 5.5 sen.
MALAYSIA berjaya menarik pelaburan baharu bernilai RM16.52 bilion dari Amerika Syarikat (AS) melalui Misi Perdagangan dan Pelaburan (TIM) yang diketuai Menteri Kanan Perdagangan Antarabangsa dan Industri, Datuk Seri Mohamed Azmin Ali, baru-baru ini.
Mohamed Azmin berharap bahawa semua komitmen projek pelaburan baharu yang terbabit dapat dimuktamadkan pada suku ketiga tahun ini.
"Kita berharap pada suku ketiga tahun ini, semua komitmen ini akan dapat dimuktamadkan dan ia dapat mencipta peluang pekerjaan bagi rakyat tempatan," kata beliau dalam sidang media mengenai Hasil Misi Galakan Perdagangan dan Pelaburan ke Amerika Syarikat di sini, kelmarin.
Antara projek pelaburan baharu adalah daripada syarikat Insulet, Ferrotec, Amazon Web Services Inc (AWS) dan Cue Health serta projek pengembangan pelaburan oleh Texas Instruments dan Boston Scientific.
Misi perdagangan dan pelaburan selama 10 hari bermula 9-18 Mei itu memberi tumpuan kepada sektor baharu yang berinovatif dan bernilai tambah tinggi khususnya industri semikonduktor, ekonomi digital dan sektor peranti perubatan selari dengan Aspirasi Pelaburan Nasional yang memfokuskan pelaburan berkualiti tinggi dan membabitkan teknologi terkini.
Mohamed Azmin menambah syarikat yang terbabit turut menyatakan komitmen mereka dalam memastikan pemindahan teknologi serta mewujudkan ekosistem dan pembabitan industri tempatan khususnya perusahaan kecil dan sederhana (PKS) di dalam rantaian bekalan syarikat-syarikat berkenaan.
"Pelaburan mereka juga akan menjana peluang pekerjaan, peluang latihan kemahiran kepada pekerja tempatan, mewujudkan kerjasama dengan universiti tempatan serta pembangunan vendor tempatan," katanya.
Pada masa ini, AS menjadi rakan dagang global dan destinasi eksport yang ketiga terbesar bagi Malaysia dan menjadi sumber import yang keempat terbesar pada tahun 2021 sementara Malaysia pula adalah rakan dagang ke-17 terbesar Amerika Syarikat.
"Jumlah potensi eksport keseluruhan ke AS adalah sebanyak RM1.44 bilion," kata Mohamed Azmin.
KUALA LUMPUR: International traffic at Malaysia Airports Holdings Bhd’s (Malaysia Airports) local network of airports has increased by 53 per cent following the border reopening on April 1, 2022.
The group, which manages and operates 39 airports in the country, said it had recorded an average of 23,000 international passenger movements daily, with traffic peaking at above 30,000 during the recent long Aidilfitri festive break.
"On the whole, the airports recorded a total of 642,128 international passenger movements, out of which Kota Kinabalu International Airport, Penang International Airport, and Langkawi International Airport showed the most significant increase -- by more than 200 per cent respectively compared to the preceding month,” Malaysia Airports said in a statement today.
It added that a total of 2.78 million passengers were recorded for Malaysia in April, with domestic passenger movements totalling 2.13 million or 77 per cent.
Meanwhile, for both Malaysian and Turkish (Istanbul Sabiha Gokcen International Airport) operations, the group recorded a total of 4.90 million passenger movements, a drop of 7.9 per cent compared to March.
"The decrease in passenger movements was due to April being the holy month of Ramadan that witnessed less demand for travel both locally and globally.
"Out of total passenger traffic movements of 4.89 million, local airports in Malaysia contributed 57 per cent, while Istanbul Sabiha Gokcen International Airport in Turkey registered a total of 2.13 million passengers, comprising 1.05 million international passengers and 1.08 million domestic passengers," it said.
According to Malaysia Airports, five airlines resumed 17 international routes last month, including Vietjet Air, Scoot, AirAsia, Thai AirAsia, and AirAsia X.
"We are also pleased that our Tioman STOLport (TOD) has resumed operations this month to serve SKS Airways’ Subang Airport -TOD flight route. SKS Airways is currently the only carrier with a scheduled service flying this route four times weekly.
"We will continue to work closely with our partner airlines to speed up the pace of recovery for both domestic and international sectors," said managing director Datuk Iskandar Mizal Mahmood.
Vietjet operates the Ho Chi Minh City - Kuala Lumpur (KUL) route with a four-time weekly service and is the fourth carrier to operate this route and Scoot resumed its daily flight service for the Kota Kinabalu - Singapore route.
Meanwhile, the AirAsia group of carriers, including AirAsia Bhd, Thai AirAsia and AirAsia X, resumed the following routes: from Kota Kinabalu to Singapore, KUL to Hanoi, Langkawi to Singapore, Ipoh to Singapore, Hatyai to KUL, Don Mueng to Penang, KUL to Incheon, KUL to New Delhi, KUL to Ho Chi Minh City, KUL to Bengaluru, KUL to Kolkata, KUL to Kochi, KUL to Chennai, KUL to Tiruchirappall, and KUL to Siem Reap. - Bernama
Tunggu je projek hartanah yayasan atm pasukhas di kl menghasilkan pendapatan :)
KUALA LUMPUR: Hektar Real Estate Investment Trust’s (Hektar REIT) net property income increased 17.9% to RM16.62mil in the first quarter ended March 31 (1Q22) against RM14.09mil recorded a year prior.
Kalau ada ED yang tak perform. Bolehlah ambil tindakan macam GIIB :)
KUALA LUMPUR: GIIB Holdings Bhd said the findings in the investigation report by its external independent auditor has found that there is sufficient basis to hold its executive director (ED), Wong Weng Yew, accountable for misconduct per the charges made against him in the show cause letter dated March 28, 2022.
The company said this in reply to a query from Bursa Malaysia Securities Bhd pertaining to the termination of the ED.
ALSO READ: GIIB terminates suspended director
In a filing to Bursa Malaysia today, GIIB said, based on the report, Wong appeared to have not fulfilled his responsibility to spearhead the glove project, which was entrusted to him by the board of directors when he was first appointed as the ED of the company and its subsidiaries.
"Wong did not appear to be leading or managing the project but was trying to carry out tasks for the project. In spite of being aware of the financial consequences of the project delay on the group, he did not appear to have shown urgency in completing the project.
"Additionally, there were certain claims made by Wong from April 2021 to January 2022 that were not properly verified and approved,” it said.
ALSO READ: GIIB engages PKF Covenant to assist investigative committee
GIIB noted that further investigations may be warranted to determine the full extent of any losses suffered by the group as a result of these claims, which the auditor would be willing to assist, under a separate mandate.
The company has yet to ascertain the full financial and operational impact on the group arising from the findings in the investigation report as well as Wong’s termination as the ED.
"The board does not envisage any operational impact on the company.
"The company has deliberated to terminate Wong as the ED and is seeking legal advice in the pursuit of the next course of action,” it said. - Bernama
Tindakan yang sama harus diambil terhadap para pengarah yang asyik menerbitkan syer esos untuk diri sendiri. :) Sarankan dalam agm, okey? :)
Termination of Executive Director GIIB HOLDINGS BERHAD
Type Reply to Query Reply to Bursa Malaysia's Query Letter - Reference ID IQL-20052022-00001 Subject Termination of Executive Director Description GIIB Holdings Berhad ("GIIB" or "the Company") - Termination of Executive Director Query Letter Contents We refer to your Company’s announcement dated 19 May 2022, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
1) The details of the findings in the investigation report
2) The expected financial and operational impact to the Group arising from the findings in the investigation report as well as the termination of Mr. Wong Weng Yew as the Executive Director.
3) Any other actions to be taken by the Board arising from the findings in the investigation report.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Pasukhas dah ada projek hartanah dengan yayasan atm di KL. Jimatlah :)
KUALA LUMPUR (May 23): EUPE Corp Bhd is buying a 4.812-acre parcel of land located along Jalan Damansara and Jalan Belfield within the residential development of Kampung Attap, off Jalan Istana here (Belfield land) for RM125 million cash, as part of plans to develop it into a high-rise residential development.
Harapan projek di sungai undang sudah tipis, Kini mengharapkan pula keuntungan dari project hartanah yayasan. Begitulah hari demi hari.. Teruskanlah mengharap.. moga sinar datang suatu hari nanti.. Terindah~~~
Sabar ya! Tak mustahil bahawa pasukhas yang dapat projek sg udang di melakA! Kuda hitam juga boleh muncul sebagai pemenang. Keakrabannya dengan kerajaan negeri melaka tak dapat dinafikan.
(Commodities) Malaysia will be among the economies that win big from high commodity prices and will pay less of a price on the inflation side as it exports several times its domestic production, according to a Moody’s Analytics report. - Bernama
Public sentiments shows they want an early election as many were tired of the lack of direction and worried about the country's current condition especially the economy. Yes or no? #GE15 #election #Government
PUTRAJAYA (May 24): Malaysia Anti-Corruption Commission (MACC) officers have a huge responsibility of restoring public trust and confidence in the commission, said former Chief Justice Tun Md Raus Sharif.
In regard to this, he said MACC chief Tan Sri Azam Baki now has a big task ahead but acknowledged that this could not be done overnight.
“ We have entrusted the MACC to lead our fight against corruption.
“Such being the nature of trust placed on them, it goes without saying they must carry out the trust, must be persons of unquestionable integrity and should be above suspicion,” he said at his luncheon address at the 3rd Malaysian Anti-Corruption Forum here on Tuesday (May 24).
Md Raus reminded the MACC that it is important for them to act independently and impartially without undue influence from any party.
“And the officers of MACC must carry out their duties without fear or favour, most importantly free of political interference,” he added.
He said this is necessary because the last four years had cast doubt on MACC’s independence and impartiality, after the appointment of an active politician as its chief.
The former judge said that appointment had led to widespread perception that whatever action taken or done during the period was politically motivated, and there were also allegations of improper withdrawal of charges.
“And to top it off, issues of integrity of a few MACC officers started to surface,” he explained.
On the same note, Raus said the fact that Malaysia continues to fare badly in global perception surveys on corruption must be taken as a warning, especially by the MACC.
Malaysia dropped to 62nd place in the Corruption Perception Index (CPI) from 57th in 2020.
Menang Corp said the improved net profit for the quarter under review was due to proactive measures undertaken to reduce the overall operating costs by RM0.78 million.
Additionally, it added that the receipt of late payment interest of RM1.54 million from Lembaga Lebuhraya Malaysia (LLM) in respect to the compulsory acquisition of Klang Land by the government, lower interest expenses of RM1.3 million due to loan repayments made and reversal of over provision of prior years’ income tax of RM0.95 million, carried the group’s net profit.
The group is involved in property development and concession arrangements, among others.
Sime property. Kediaman bertanah yang dilancarkan pada suku pertama tahun kewangan 2022 mencapai purata kadar pembelian berjumlah 96 peratus, dengan produk perindustrian telah habis dijual pada awal Mei 2022.
Bagaimanapun, menurut syarikat itu, kekurangan buruh di Malaysia baru-baru ini, bidang tumpuan yang dipantau dengan teliti, telah mengehadkan kepesatan kemajuan tapak, yang seterusnya menjejaskan perolehan dan pengiktirafan hasil pada suku yang dikaji.
Kumpulan ini optimis terhadap pasaran hartanah pada masa akan datang, terutama dalam segmen kediaman dan perindustrian, didorong oleh kelonggaran sekatan dalam fasa peralihan ke endemik berkuat kuasa 1 April 2022, selain kadar vaksinasi penduduk yang memberangsangkan dan pembukaan semula sempadan antarabangsa.
Kalau harga naik sudah pasti bukan sebab project melaka, dan tentu juga bukan sebab keuntungan berganda dari company.. Harga naik hanyalah untuk pump and dump.. Terindah~~~~
Strategists pick their top stocks to beat rising prices and slowing growth — including some they say are ‘extremely cheap’ PUBLISHED TUE, MAY 24 20227:51 PM EDT
PETALING JAYA: Matrix Concepts Holdings Bhd’s new property sales hit a record-high of RM1.3bil in the financial year ended March 31, 2022 (FY22), growing 11.3% on a year-on-year basis.
0177 PASUKGB PASUKHAS GROUP BERHAD General Meetings: Notice of Meeting 52049 Indication: Notice of Meeting Description: Pasukhas Group Berhad - Notice of Seventeenth Annual General Meeting ("17th AGM") Date of Meeting: 30/05/2022 Time of Meeting: 03:00 PM Venue: Broadcast VenueLot 10.3, 10th Floor, Menara Lien Hoe,No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort,47410 Petaling Jaya, SelangorMalaysia Date of General Meeting Record of Depositors: 19/05/2022 Outcome of Meeting:
You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Kuala Lumpur: Sime Darby Property Bhd yakin bahawa ia mampu meraih sasaran jualan RM2.6 bilion untuk tahun kewangan 2022 melalui keupayaan jualan yang dipertingkatkan, pelancaran strategik dan persekitaran kadar faedah yang rendah yang terus menyokong pasaran hartanah.
Focus Dynamic has awarded a rm77m contract to Pasukhas for construction of The Arch, a commercial smart building at Jalan Tun Razak, Kuala Lumpur. Focus Dynamics has a 51% stake in the The Arch project's special-purpose vehicle Famous Ambience Sdn Bhd, with the Ong family of the OCR Group holding the remaining stake.
The Arch – KL’s largest and latest F&B and Lifestyle hub
This project is scheduled to be completed entirely by November 2022.
The Arch is a five-storey building with a basement level comprising retail lots, showrooms, F&B lots, a multipurpose event hall, a family-themed karaoke entertainment centre, a Chinese restaurant and a seafood restaurant.
MTRONIC -a loss from disposal of investment in quoted shares of RM3.2 million recorded during the period....:) changes in loss on disposal of quoted investments amounting to RM17.41 million as well as Employees’ Share Option Scheme-based payment expense of RM2.07 million ...:) tis coming.....:)
Sprm tak siasat ka? Kamu harus buat laporan polis dahulu hahaha
@sunsetbiz
MTRONIC -a loss from disposal of investment in quoted shares of RM3.2 million recorded during the period....:) changes in loss on disposal of quoted investments amounting to RM17.41 million as well as Employees’ Share Option Scheme-based payment expense of RM2.07 million ...:) tis coming.....:)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
26,658 posts
Posted by Good123 > 2022-05-20 16:23 | Report Abuse
Outlook
Loh believes the time is ripe for investing.
“This is the time to invest in real estate. The low interest rate and ever-increasing building material and construction costs have [prompted] many to look at the auction market. The replacement cost of these properties is even higher than the auction price, thus it is a good buy,” he shares.
As for commercial properties, he believes retail lots and offices may see softer activity ahead as more people become accustomed to working from home. Larger facilities such as factories and warehouses, however, will continue to be well received.
“Working from home and shopping online may become the norm, thus big office and retail spaces may not be required as much. However, there is buying interest in the logistics and warehousing segment, driven by the e-commerce business model. The interest will continue to give support to the segment,” Loh says.