Posted by YS Babe > 2015-01-30 16:43 | Report Abuse

apa?? kilang bihun terbakar! aku tak dapat ler makan bihun hehehe

Posted by Mark T Bird > 2015-01-30 20:04 | Report Abuse

ho ho ho

Posted by rikki > 2015-01-30 20:26 | Report Abuse

Stock To Watch
VS Industry @ 3.60
Robust double digit growth. RHB tp 4.50 & should attract IB tp review after the next quarter result in march '15
Note : This is not a buy or sell call.
http://klse.i3investor.com/blogs/rhb/68838.jspStock To Watch

Posted by rikki > 2015-01-31 09:47 | Report Abuse

Benalec in for the long haul in Tanjung Piai

Assuming that the average reclamation cost is RM52 per sq ft, a fair RM65 per sq ft selling price, and that works begin in 2015, Benalec could stand to gain RM566mil in net profit over five years, says CIMB.
“This is equivalent to double the group’s 2015 forecasted net profit. Our RNAV (revised net asset value) estimate factors in outstanding reclamation works in Malacca and potential new reclamation works representing just 20% of Tanjung Piai’s 1,000-acre,” says CIMB.
http://www.thestar.com.my/Business/Business-News/2015/01/31/Benalec-in-for-the-long-haul-in-Tanjung-Piai/?style=biz

Posted by rikki > 2015-01-31 10:33 | Report Abuse

Benalec - Leveraging on shipping route
That said, the proposed Tanjung Piai Maritime Industrial Park has its own advantages such as the proximity to Jurong Petrochemical Hub and natural water depths of more than 20m, which is suitable for very large crude carriers berths.
Another geographical advantage of Tanjung Piai is the natural shelter that provides and anchorage area for about 1,000 vessels.
http://www.thestar.com.my/Business/Business-News/2015/01/31/Leveraging-on-shipping-route/?style=biz

Posted by rikki > 2015-01-31 11:56 | Report Abuse

Eduspec - Fundamental Score: 3.00, Valuation Score : 1.20
Eduspec poised for exponential growth. CEO Lim Een Hong is confident the company can sustain its growth trajectory over the next few years, especially since its expension overseas has began to bear fruit. Eduspec ambition is to capture 10% of Asean market in five years - The Edge Financial Weekly of Feb 2 (No link available)

Posted by Mark T Bird > 2015-01-31 19:26 | Report Abuse

Bursa Malaysia will be closed on Monday & Tuesday, (02 & 03 February 2015) in conjunction with replacement of Federal Territory & Thaipusam day.

Posted by YS Babe > 2015-01-31 19:27 | Report Abuse

aku baru nak cakap, awak dah cakap dulu
hehehe

Posted by rikki > 2015-02-02 10:43 | Report Abuse

Stock To Watch
IFCAMSC @ 1.06
TP raised from 1.05 to 1.48 by CIMB on Jan 30, 2015.
Potential upside 39.6 %

Posted by Mark T Bird > 2015-02-04 17:39 | Report Abuse

Muhibbah Engineering (M) Bhd has secured a US$32mil (RM116mil) contract to design and build temporary construction facilities in Pengerang, Johor.

Posted by rikki > 2015-02-04 20:05 | Report Abuse

China's central bank cut requirement reserve ratio (RRR) for banks by 50 basis points wef Thursday. This is good for economic activities & thus positive for the stock market.

Posted by Mark T Bird > 2015-02-04 22:06 | Report Abuse

TH Heavy Engineering Bhd has called off its proposed rights issue with bonus issue.

Posted by rikki > 2015-02-04 23:32 | Report Abuse

Stock To Watch
JAKS @ 0.535
Cup & handle breakout
Note : This is not a buy or sell call

Posted by rikki > 2015-02-05 08:55 | Report Abuse

Greek uncertainty weighs on Asia stocks, China stimulus in focus

Nyshka Chandran | @NyshkaC
6 Mins Ago CNBC.com

Asian equities dropped on Thursday after the European Central Bank (ECB) expressed pessimism about Greece's bailout program.

The central bank banned the use of Greek government bonds as collateral for ECB cash on Wednesday, revoking a previous waiver because "it is unable to assume a successful end to the Greek government's bailout talks."

Meanwhile, oil prices remained a source of market volatility with U.S. crude posting modest gains in the Asian session after closing nearly 9 percent lower overnight.

Chinese shares will be in the spotlight when markets open for trade at 9:30am local time after the People's Bank of China reduced reserve requirements for banks by 50 basis points for the first time in two years on Wednesday. The move marks a change from the central bank's previous low-profile attempts to increase liquidity and follows the trend of global monetary stimulus seen in the past month.

"Around 600 billion renminbi should make its way into the real economy, but firstly we need to recognize the fact this is being used as a short-term liquidity measure to compliment the recent use of its reverse repo facilities, which have been actively used ahead of the New Year holidays," said Chris Weston, chief market strategist at IG, in a note.

Posted by rikki > 2015-02-05 21:01 | Report Abuse

Stock To Watch
Megb @ 0.62
http://www.theedgemarkets.com/my/article/masterskill-proposes-asset-disposal-director-rm80m

Posted by rikki > 2015-02-07 13:39 | Report Abuse

KLCI expected to trend higher on rising risk-taking sentiment
http://www.theedgemarkets.com/my/article/klci-expected-trend-higher-rising-risk-taking-sentiment

Posted by rikki > 2015-02-07 15:17 | Report Abuse

Stock To Watch
TMC Life @ 0.64
Peter Lim, Johor crown prince injects Thomson Medical Hub project into TMC Life for RM400m
http://www.theedgemarkets.com/my/article/peter-lim-johor-crown-prince-injects-thomson-medical-hub-project-tmc-life-rm400m

Posted by rikki > 2015-02-07 17:08 | Report Abuse

Dow Average caps biggest weekly gain since 2013 on oil, earnings
http://www.theedgemarkets.com/my/article/dow-average-caps-biggest-weekly-gain-2013-oil-earnings

Posted by SpeedyBoy > 2015-02-08 16:07 | Report Abuse

rikki, looks like you are holding the forte for this thread. Good effort. I remember this blog is created by fortunebull. Not sure why he abandoned the house he built. It used to have a lot of comments in the earlier days.

Posted by rikki > 2015-02-08 16:48 | Report Abuse

@SpeedyBoy.....nice for you to drop by. Just sharing some latest development in the market. 

With information at a click of a button, investors are now very savvy. Companies with low PEs are not investors priority any more because many are not holding stocks for long term. They are now always focusing on growth & up trending stocks i.e now in Semi Conductors/Electronic, IT, Gloves, Timber & Logistic by nature of their export oriented in foreign currencies & the low cost of fuel which will tremendously reduced the transportation cost for logistic co.

Posted by SpeedyBoy > 2015-02-08 18:21 | Report Abuse

rikki - absolutely agree. Happy trading next week.

Posted by rikki > 2015-02-09 23:40 | Report Abuse

Oil over $58 as OPEC raises demand forecast for its crude
http://www.theedgemarkets.com/my/article/oil-over-58-opec-raises-demand-forecast-its-crude

Posted by rikki > 2015-02-10 08:54 | Report Abuse

Stock To Watch
Hevea @ 2.19
TP 4.06 by CIMB, upside 85%

Note : This is not a buy or sell call

Posted by rikki > 2015-02-11 20:45 | Report Abuse

Stock To Watch
GHL @ 0.815
GHL secures 1st public sector client for its cashless payment system
http://www.theedgemarkets.com/my/article/ghl-secures-1st-public-sector-client-its-cashless-payment-system

Posted by rikki > 2015-02-12 09:27 | Report Abuse

Risk of contagion from Greece is low: ratings agency S&P
The risk of Greece's turmoil spreading to the rest of the euro zone is low, a senior
official at ratings agency S&P’s said. "Greece's risk premium has drastically increased
again recently but the panic hasn't leapfrogged over to other former crisis countries.
The risk of contagion doesn't seem to actually be that big," Moritz Kraemer, S&P's
chief sovereign ratings officer said. (Reuters)

Posted by rikki > 2015-02-12 10:10 | Report Abuse

GHL System @ 0.82
TP raised from 1.00 to 1.10 by CIMB today

Note : This is not a buy or sell call

Posted by rikki > 2015-02-12 20:18 | Report Abuse

Stock To Watch
OSK Prop @ 1.96 PE Ratio : 4.75
OSK Property 4Q net profit up 69.2% to RM30.11m.
OSK Property Holdings Bhd ( Financial Dashboard)'s net profit for its fourth quarter ended Dec 31, 2014 (4QFY14) went up 69.2% to RM30.11 million from RM17.80 million in 4QFY13, mainly due to the higher level of construction work carried out.
In the current year (CY2015) the group will also see the opening of its Atria Shopping Gallery in Damansara Jaya, which would contribute recurring income to enhance its earnings in the near future.
http://www.theedgemarkets.com/my/article/osk-property-4q-net-profit-692-rm3011m

Posted by rikki > 2015-02-13 06:57 | Report Abuse

Global stocks rally on Russia-Ukraine deal, Swedish QE surprise
http://www.thestar.com.my/Business/Business-News/2015/02/13/Global-stocks-rally-on-Russia-Ukraine-deal-Swedish-QE-surprise/?style=biz

Posted by YS Babe > 2015-02-13 09:40 | Report Abuse

FT ke?

Posted by rikki > 2015-02-13 10:41 | Report Abuse

GHL Systems expanding Malaysian footprint
http://www.theedgemarkets.com/my/article/ghl-systems-expanding-malaysian-footprint

Posted by rikki > 2015-02-13 10:57 | Report Abuse

Highlights / Stock Picks of the Day V.S. Industry Bhd (VS) – Trading Buy
http://klse.i3investor.com/blogs/kenangaresearch/70420.jsp

Posted by rikki > Jan 30, 2015 08:26 PM | Report Abuse X

Stock To Watch
VS Industry @ 3.60
Robust double digit growth. RHB tp 4.50 & should attract IB tp review after the next quarter result in march '15
Note : This is not a buy or sell call.
http://klse.i3investor.com/blogs/rhb/68838.jspStock To Watch

Posted by Mark T Bird > 2015-02-13 11:51 | Report Abuse

Surprising 4th quarter growth despite weak oil price

KUALA LUMPUR: Malaysia’s economy unexpectedly expanded by 5.8% in the fourth quarter of 2014, bolstered by strong domestic demand.

Economists had earlier anticipated that growth in the last quarter of 2014, which saw a steep drop in global oil prices, would be slower at 5% compared to the gross domestic product (GDP) of 5.6% recorded in the third quarter.

With the strong growth in the fourth quarter, the country’s overall GDP growth for 2014 is 6%, marginally higher than consensus expectations of 5.9%, and within the Government’s forecast growth of 5.5% and 6.5%.

Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz, who called for an unscheduled press conference to announce the fourth-quarter economic growth yesterday, said she expected the Malaysian economy to remain on a steady growth path despite the uncertainty in the global economic environment.

She said this was due to the country’s diversified economic structure supported by strong fundamentals such as low inflation, favourable employment conditions, low external debt and ample international reserves.

“Yes, of course, we are affected (by the drop in oil prices) but because we took steps to diversify our economy, diversify our exports, diversify the revenue base of the Government and so on, all this has paid off.

“Domestic demand is now the anchor and driver of growth. If we didn’t do that economic restructuring, our growth will be a lot lower. It would probably be like 2% or 3% or even less as a result of this,” she said, explaining that the press conference was held to address what she described as the misconception of the Malaysian economy being overly reliant on oil revenues.

The domestic demand was driven by strong growth in private-sector spending in the fourth quarter. Private investments grew 11.2%, up from a growth of 6.8% in the previous quarter, mainly due to capital spending in the manufacturing and services sectors.

Zeti said the manufacturing sector’s growth was supported mainly by export-oriented industries, particularly in the electrical and electronic clusters.

Surprisingly, the mining sector, on the other hand, posted a 9.6% year-on-year growth in the fourth quarter due to higher crude oil production. This is despite the decline in crude oil prices in the said quarter.

“Malaysia’s oil production increased by 13.6% year-on-year to 665,000 barrels per day during the quarter,” she said.

Moving forward, the central bank expects domestic demand to be the anchor of growth for the country. The lower fuel prices are expected to result in a higher disposable income of some RM7.5bil.

“We expect that the lower fuel prices will contribute to a higher disposable income of some RM7.5bil, which will provide some sustained growth. Meanwhile, the export performance could continue, but not at the strength that we expect,” she added.

On the household debt position, Zeti said loans growth to households grew at a slower pace of 9.9% in 2014 compared with 15% in 2010, while non-performing loans were low at 1.2% as a result of improved assessments of affordability.

She said that household debt, which currently stood at some 86% of GDP, would take quite a while to be brought down.

“Despite the outstanding debt, the loans are not going bad. Only 1.2% of total loans have gone bad. This means that all those borrowers have the ability and job security to pay back their loans,” Zeti said, adding, “The growth in personal loans has halved.”

Touching on the current account, she said it remained in surplus during the fourth quarter and was at about 4.8% of gross national income for 2014.

Zeti said the current account could narrow in 2015 due to the uncertain environment in the global economy. However, she added that there were improvements such as in the United States and United Kingdom economies, both of which were major trading partners of Malaysia, while China’s growth was stabilising in the 7% region.

On the outflow of funds that is impacting the ringgit, Zeti said that Malaysia was in a better position to manage the capital flows because it had greater buffers, a wider range of tools and increased flexibility. The key, she said, was to ensure that the volatility of the flows was contained and did not spill over to the real economy. thestar

Posted by Tessa Joseph > 2015-02-13 11:54 | Report Abuse

thanks Bird!

Posted by YS Babe > 2015-02-13 12:16 | Report Abuse

heh tessa, awak tak duduk kat website awak ke? hehehe

Posted by rikki > 2015-02-13 15:29 | Report Abuse

Germany Economy Expanded 0.7% in Fourth Quarter Versus Estimated 0.3%
- Bloomberg

Posted by rikki > 2015-02-13 18:15 | Report Abuse

Euro zone Q4 GDP grows by higher than expected 0.3 pct

BRUSSELS (Feb 13): Euro zone gross domestic product (GDP) grew by more than expected in the final three months of 2014, data from the European statistics agency Eurostat showed on Friday, as the German economy accelerated.
 
A preliminary estimate by the European Union's statistics office Eurostat showed that the economy of the 18 countries sharing the euro expanded 0.3 percent quarter-on-quarter in the Oct-Dec period after a 0.2 percent rise in the previous three months.
    
Year-on-year, euro zone growth was 0.9 percent in the fourth quarter, from 0.8 percent in the third quarter, again higher than the expectation of a 0.8 percent rise.

 - Reuters

Posted by rikki > 2015-02-13 20:27 | Report Abuse

Stock To Watch
JCY @ 0.725
JCY International Bhd saw its net profit for the first quarter ended Dec 31, 2014 (1QFY15) risen 65.92% to RM50.19 million, from RM30.25 million a year ago, mainly due to favourable exchange rate and increased in sales volume.
http://www.theedgemarkets.com/my/article/jcy-1q-net-profit-rises-66-strong-usd

Posted by Hitman > 2015-02-13 20:31 | Report Abuse

bro rikki,waahh...this thread active back!..good!

Posted by rikki > 2015-02-13 20:51 | Report Abuse

Stock To Watch
Signature @ 1.80
KUALA LUMPUR (Feb 13): Signature International Bhd ( Financial Dashboard) posted a net profit of RM12.2 million for the second quarter ended Dec 31, 2014, 318% higher than the same period a year ago, in tandem with a sharp increase in revenue.

Revenue for the quarter was 66% higher at RM71.1 million, from RM42.9 million previously.

In terms of the group’s segmental performance to date, the kitchen and wardrobe segment remains its core profit contributor, delivering a profit growth of 913% as compared to Q2FY14.

This growth was largely due to the higher sales volume deriving from the group’s project division’s impressive order book, leading to improved revenue recognition for the current quarter under review, said the group in a statement.

The group’s order book has an unbilled value of approximately RM200 million currently.

For the cumulative six months, Signature (fundamental: 2.1, valuation: 2.4) delivered net profit of RM18.9 million, a 281% leap from RM5 million last year.

Revenue was 87% higher at RM130.4 million, compared with RM69.9 million in 2HFY14.

http://www.theedgemarkets.com/my/article/signature%E2%80%99s-2qfy15%E2%80%99s-net-profit-soars-318-rm122-mil

Posted by rikki > 2015-02-13 20:54 | Report Abuse

Haha bro Hit.....come help to activate this thread!!!!!

Posted by rikki > 2015-02-13 22:37 | Report Abuse

JCY has a cash & bank balances of about RM320million and short term foreign currency trade loan of RM111m, which i belief is a self liquidating loan.

Posted by rikki > 2015-02-13 23:01 | Report Abuse

Brent back above $60 as 1986 fears fade

U.S. crude rose by nearly $1 a barrel on Friday, and was trading above $52 a barrel by 10:00 p.m GMT (5:00 a.m. EST). Brent crude for April delivery opened at $59 a barrel and rose above $60 a barrel for the first time this year.


The latter has seen gains of around 4 percent so far this week, tracking similar gains over the previous seven days.


While oil experts still expect a period of major volatility ahead, a growing number are more upbeat that prices could edge towards the $100-per-barrel level by year-end.


"The good news is that demand is responding and responding quite well," Amrita Sen, chief oil analyst at Energy Aspects, told CNBC Friday. "All the indications so far is that it's rising thanks to the lower oil prices. So I think there is some good news."


Sen said that she believes oil will be range-bound between $40 and $50 for the first half of 2015, before rising to $70 or $80 in the second half of the year.

- CNBC Feb 13, 2015

Posted by Mark T Bird > 2015-02-14 10:56 | Report Abuse

Fans of PJDEV

Latest News

PJ Development Holdings Bhd’s net profit jumped 30.65% to RM32.59mil in the second quarter ended Dec 31, 2014, from RM24.94mil in the corresponding quarter a year ago due to higher earnings from the construction, property, and integrated building system units.

Revenue for the quarter slipped marginally by 0.51% to RM240.40mil compared with RM241.64mil a year ago.

“The cable division from the manufacturing and trading division recorded lower revenue and pre-tax profit as compared with the previous corresponding period due to lower revenue contribution from the government sector,” the company said in a filing with Bursa Malaysia.

Furthermore, its hotels and leisure units’ revenue fell slightly by 1.5% to RM 32.1mil from RM32.6mil a year ago because of lower occupancy rates for the current hotel industries in the market.

The company said its property unit’s revenue increased 46.8% of RM133mil in the quarter compared with RM90.7mil a year ago because of the push from the sales performance of the current property development projects.

Its construction unit’s pre-tax profit surged by 279% to RM14.8mil compared with RM3.9mil a year earlier as there was a reduction of construction cost compared with the original construction budget.

Posted by Tessa Joseph > 2015-02-14 11:03 | Report Abuse

Happy Saturday to all. Wah rikki very rajin. YS, still at my website come and visit me la http://superawesomedeals.com.my/

mark, swiss garden phew! bad housekeeping

Posted by YS Babe > 2015-02-14 11:12 | Report Abuse

selamat pagi Sa, awak ada TP perisai tak? hehehe

Posted by Tessa Joseph > 2015-02-14 11:16 | Report Abuse

next target 0.765 - rhb

this is not a buy or sell call

Posted by Tessa Joseph > 2015-02-14 11:17 | Report Abuse

Bye, super busy!

Posted by YS Babe > 2015-02-14 11:19 | Report Abuse

thanks Sa, hubby aku tanya, aku tak beli pun, tapi curious gak, pasal asyik jalan je hehehe

Posted by Mark T Bird > 2015-02-14 12:14 | Report Abuse

Really? Haha!

Posted by connie > 2015-02-14 13:49 | Report Abuse

mark .. good day ! thanks a lot for the info on pjdev :):) i bot the warrant .. thinking for long term but now ahem fingers itchy already !!!! oops