I3investor most experienced investors, traders, punters gather to exchange their views on current stocks! Beware! Most of their views may not be suitable for those under 90s!
ABOUT 5,000 residents living in four blocks of flats in Taman Impian Baiduri, Petaling Jaya, had to endure water cuts over the past eight days for not settling their water bills, reported Makkal Osai.
GHL Sysrems Bhd - Foreign Fund Cycas emerged as a new substantial shareholder with 26.1% stake after acquired 108.51 shares in a direct deal on March 11. A total of 82.95 million shares, or 20% of GHL, were issued at 42 sen apiece to buy over Australia-listed e-pay Asia Ltd. Simon Loh Wee Hian remains the largest shareholders of GHL, with a 35.52% state - The Edge Financial Weekly
Low-profile Sunzen Biotech Bhd has recently come under the radar of investors with its share price increasing as much as 18% since the beginning of the year to 33 sen on March 18.
At last look, some profit-taking had pushed it down to 30.5 sen.
The company which makes animal health products recently proposed free warrants issue of up to 49.8 million free warrants on the basis of one warrant for every three existing shares of 10 sen each.
Shareholders gave their approval for this at an EGM yesterday.
The ex-date for this is April 9 and entitlement date is Apr 11.
Sunzen’s earnings, albeit relatively small have been growing steadily.
For the financial year ended Dec 31, the company reported a net profit of RM3.59mil against a net profit of RM1.42mil for the same period a year ago.
Revenue was also higher at RM37.3mil compared with RM32.8mil earlier.
In its most recent Annual Report, Sunzen said it strongly believed that the future of its business was to go global as the Malaysian market was relatively small for “real” growth potential.
The company is eyeing regions like the Middle East and Africa and has since rectified its issue in China, where its dealers had earlier marketed its products at exorbitant prices, causing low acceptances of its products there – By Yvonne Tan
The comments above do not represent a recommendation to buy or sell.
The comments below do not represent a recommendation to buy, sell or hold ... LOL
Laughs Last, Laughs Best § The “potong” saga ended with TM as the victor as it will emerge as the major shareholder of P1 through the proposed investment. § In a separate exchange filing, DRS was also proposed and will apply for DRS to be applicable to its FY13 final single tier divided of 16.3 sen. § Financial impact: higher gearing and EPS erosion. § Positive about this development which demonstrates to be synergistic while continues to chart TM’s long term roadmap. However, P1’s financial health will be a drag to TM’s earnings in the short term. § Downgrade the stock from TRADING BUY to HOLD with unchanged DDM-derived fair value of RM6.05 using WACC of 5.7% and TG of 1%.
2Q Results: Water Hazard Ahead § 1HFY14 core PATAMI, grew by 11% to RM335.6m, making up 51.5% and 49.0% of ours and consensus estimates respectively. § Water hazard… Management has expressed deep concerns over the development of the Selangor water restructuring exercise and do not discount the possibility of Section 114 of the WSIA Act being invoked to takeover SPLASH (40% stake). § Big loss… If SPLASH is indeed nationalised, Gamuda will see a loss in earnings contribution of ~RM100m and see our SOP valuation slashed by 41 sen/share. § Go for MRT… On a positive note, we expect Gamuda-MMC JV to be the frontrunner for Line 2, which is expected to cost RM25bn (RM10bn underground portion; RM15bn elevated works). § Property…. Achieved lower new property sales of RM405m in 2Q (1Q: RM575m) as the property sector cools down especially in Iskandar. 1HFY14 new property sales of RM980m have achieved 51.6% of RM1.9bn FY14 sales target. Overall, unbilled property sales remained unchanged at RM1.7bn. § We maintain our HOLD call and TP of RM4.62 based on SOP valuation.
Chinese tourist arrivals in Malaysia is not expected to slow down but remain strong despite the recent tragedy involving a Malaysia Airlines aircraft, says Berjaya Hotels and Resorts Executive Director Leong Wy Joon.
Bro and sis, especially to old pals Citytrader, Tessa, Freethink, Ayam tua! Next week will probable return of bullish sentiment just like last time! Its being 2 months of cautiousness! I wish you all great sunday, enjoy your weekend full blast and hope coming days will be productive! Cheers!
Posted by Madam YaSer > Mar 30, 2014 07:58 AM | Report Abuse
selamat pagi. john kalau nak join private investment discussion, sila beri tessa email awak, kalau tak nak kami tak kisah hehehhe
private investment discussion ? and kalau tak nak kami tak kisah hehehhe .
sound like you feel so proud . may i know is form by ? how many there ? any i3 or investlah big shot joined ? can let us know the name , id of the members in the group ? let us justified is any big shot there that can make you feel so proud to your private investment group . thanks you .
Maica or Sunsuria TP 1.98 by UOB . Right issue 3 For 1 @0.65, plus 1 free warrant. Share price now @ 1.34 from a high of 1.69 on Feb 17, 2014. If buy now, the average cost will be 0.8225 with 1 free warrant ( 1.34 + 1.95 / 4 = 0.8225 ). The new boss is Datuk Ter Leong Yap, who is the most famed as president of the Chinese Chamber of Commerce and Industry in KL & Selangor. Catalyst : Ter is likely to inject 3 major property developments into the company valued at about 10% of its estimated GDV of RM10bil.
After jumping 33.3-point or 1.8% in seven straight days, the key FBM KLCI may pause for a breather first. Still, possible window dressing activity on the last trading day of 1Q14 is set to hold up our local bourse performance with the benchmark FBM KLCI likely to stay above the immediate support level of 1,840 ahead.
Sentiment could also get a lift by positive external vibes. On the back of better economic optimism, major US equity indices were up between 0.1% and 0.5% last Friday.
Stocks that will likely attract investors’ interest today include: (a) SapuraKencana Petroleum, in response to a local business weekly report saying the oil & gas group is close to clinching up to USD400m worth of drilling contracts in Africa and Southeast Asia; (b) Coastal Contracts, which has secured contracts for the sales of vessels valued at RM178m; and (c) Apex Healthcare, after announcing a 1-for-4 bonus issue.
Thought for the day 'The Creative Habit' is basically about how you work alone, how you survive as a solitary artist. 'The Collaborative Habit' is obviously about surviving with other people.
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....
Posted by Fortunebull > 2013-12-03 20:12 | Report Abuse
I3investor most experienced investors, traders, punters gather to exchange their views on current stocks! Beware! Most of their views may not be suitable for those under 90s!