Posted by rikki > 2015-05-15 08:33 | Report Abuse

AllianceDBS Research 15/5/2015

Technical Buy - SBC Corp @ 1.10
TP 1.20 - 1.30
Cut-Loss - 1.05

Posted by Mark T Bird > 2015-05-15 08:52 | Report Abuse

US confirms duties on imported steel nails from Malaysia, others
The U.S. Department of Commerce confirmed import duties on steel nails from South Korea, Malaysia, Oman, Taiwan and Vietnam after finding they were being sold below cost in the United States. Anti-dumping duties ranged as high as 323.99% for goods from Vietnam, which was also found to be providing unfair government subsidies to its domestic
industry and is being subjected to separate anti-subsidy duties. Mid Continent Steel & Wire, the largest bulk pallet nail manufacturer in the United States, lodged the complaint. A final decision from the International Trade Commission is due by June 27, 2015. Reuters

Posted by YS Babe > 2015-05-15 09:32 | Report Abuse

MARK awak ada beli sersol? Awak dulu rekoman kat TESSA, aku ingat lagi hehehe Aku dah malas nak lawan klse, aku skrg ZZZZZ

Kutpai. kerja!!

Posted by Mark T Bird > 2015-05-15 09:35 | Report Abuse

aha those were the days, ys biohldg

Posted by YS Babe > 2015-05-15 11:57 | Report Abuse

beli simpan, lagi turun lagi kaut

hehehe

Posted by Mark T Bird > 2015-05-15 12:09 | Report Abuse

website : http://www.bioa.net/profile.asp

Posted by YS Babe > 2015-05-15 12:17 | Report Abuse

alphacare pharmacy tu biohldg punya laaaa aku ada pernah nampak tapi taklah mcm guardian semua tempat pun ada hehehe aku tengok mcm ada potential counter ni gak, tapi kena simpan lerr

Posted by Tessa Joseph > 2015-05-15 12:24 | Report Abuse

Mereka ada ratusan ekar tanaman...hmmmm

Posted by Mark T Bird > 2015-05-15 16:57 | Report Abuse

Girls... Happy weekend!!

GTG

Posted by duitKWSPkita > 2015-05-15 16:58 | Report Abuse

semua rakan-rakan happy weekend

Posted by Tessa Joseph > 2015-05-15 23:03 | Report Abuse

Hi duit. Mark Mark where r u?.:)
goodnite all

Posted by Tessa Joseph > 2015-05-15 23:25 | Report Abuse

enjoy
https://m.youtube.com/watch?v=by0iS1unHdY

Posted by YS Babe > 2015-05-15 23:36 | Report Abuse

takpe esok awak dua boleh lawan sape dpt article dulu
hehehe

aku nak sambung tengok tv, tadi tengok food network challenge hehehe

KUTPAI

Posted by Tessa Joseph > 2015-05-16 00:11 | Report Abuse

YS malakof? Eeee. Ouch.
Bernama like reuters. Official news. Dangerous.
Anyway time 4 me to Zzzzzz

Posted by rikki > 2015-05-16 09:51 | Report Abuse

Eye on stock - Gadang @ 1.60

AFTER a strong rally, Gadang Holdings Bhd (Gadang) shares retraced from the 10-year peak of RM2.04 on July 24 to a low of RM1.18 in mid-December last year on a five-month correction process due to profit-taking activity.

Thereafter, the stock fluctuated in a moderate band amid bargain hunting, alternated with profit-taking activity before a fresh bout of buying momentum sent its price higher.

This stock bounced to as high as RM1.63 during intra-day session yesterday.

Based on the daily chart, Gadang had penetrated the 10-month-old descending line, supported by greater trading volumes, suggesting a bullish breakout.

Going forward, prices are expected to sustain the upward thrust on follow-through buying momentum.

Initial upside objective would be to test the immediate resistance of RM1.76. The next upper hurdle is resting at the RM1.90 mark, followed by the previous rally apex of RM2.04, of which a decisive breakthrough would clear the way for more upward move.

Elsewhere, the oscillator per cent K and the oscillator per cent D of the daily slow-stochastic momentum index were rising. It had issued a short-term buy at the neutral area yesterday.

Also calling for a buy, the daily moving average convergence/divergence histogram climbed over the daily signal line yesterday.

In addition, the 14-day relative strength index rose from a reading of 47 on Tuesday to end at the 77 points level yesterday.

Analysis on the chart developments, combined with the multiple positive technical signal, implies a steadier trend ahead.

As for the downside, crucial floor is pegged at the 100-day simple moving average of RM1.45. - By K.M. Lee

http://www.thestar.com.my/Business/Business-News/2015/05/16/Eye-on-stock/?style=biz

Posted by YS Babe > 2015-05-16 10:19 | Report Abuse

selamat pagi semua!

aku baru lawat laman
http://superawesomedeals.com.my/

research research hehehe

Posted by rikki > 2015-05-16 13:29 | Report Abuse

Bursa Malaysia To Stage Further Rebound Next Week
By Mohd Khairi Idham Amran KUALA LUMPUR

Positive Gross Domestic Product (GDP) data and rising local currency and commodity prices are expected to drive shares on Bursa Malaysia for a further rebound next week. Affin Hwang Investment Bank VicePresident and Head of Retail Research Datuk Dr Nazri Khan said the local index put up a strong defensive performance, with upside leadership coming from gains in technology and construction sectors, driven by a stronger ringgit and rising light crude oil price. “The fact that the ringgit had its best month in three years (up 5.1 per cent in April) and Malakoff initial public offering was 14 times oversubscribed suggest that strong foreign confidence has returned,” he told Bernama.

Furthermore, he said investors would also be focusing on the upcoming 11th Malaysia Plan (May 21) on measures to boost Malaysia’s economic growth in the march towards a developed country. “We project the 11th Malaysia Plan, which will adopt a new approach (Malaysian National Development Strategy, Creativity and Blue Ocean Strategy), to be a comprehensive blueprint to chart the direction of all economic sectors in the country towards 2020,” he said. He said the focus of the plan would also likely be on Islamic finance and green economy by highlighting on innovation, knowledge abilities, bridging socioeconomic inequalities, improving quality of living, and institutional delivery.

“We expect one of the 11th Malaysia Plan objectives, which is to have a twin surplus (budget and current account surplus) through broadening government revenue and optimising expenditure, to be an attractive proposition for big investors and a positive influence on international rating agencies,” he added.

On a Friday-to-Friday basis, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 4.27 points to 1,811.92 from 1,807.65 previously, lifted by buying sentiment in the last two days on bargain hunting. Weekly turnover declined to 6.81 billion units worth RM8.94 billion from 6.81 billion units worth RM7.63 billion previously. Main market volume increased to 4.5 billion shares valued at RM7.99 billion versus 4 billion shares valued at RM7.04 billion last week.
- Bernama

Posted by Mark T Bird > 2015-05-16 15:17 | Report Abuse

I'll keep my fingers crossed.

Posted by YS Babe > 2015-05-16 17:00 | Report Abuse

tessa, nak tanya, apa pendapat awak tentang market sekarang? biohldg, malakoff boleh naik tak?

Posted by Tessa Joseph > 2015-05-16 17:11 | Report Abuse

Based on reports, market sideways, YS. Little trading opportunity for the short-term trader while the long term investor kena practice some level of patience waiting for stocks to go up.

Posted by YS Babe > 2015-05-16 17:19 | Report Abuse

hehehe :)))

Posted by YS Babe > 2015-05-16 20:49 | Report Abuse

agak2 kaunter mana naik isnin ini? malakof naik atau biohldg, awak rasa yang mana ya?

Posted by Tessa Joseph > 2015-05-17 19:37 | Report Abuse

Only tomorrow will tell :)

Posted by newman > 2015-05-18 08:38 | Report Abuse

mikromb tomypak

Posted by rikki > 2015-05-18 10:03 | Report Abuse

Tq newman.....mikromb like :)

Posted by newman > 2015-05-18 12:40 | Report Abuse

rikki simply shout lah.scare take members to holland border holiday.

Posted by rikki > 2015-05-18 14:35 | Report Abuse

Newman....both mikromb n tomypak cun cun strike bulls eye.....dun worry if go holland bcoz no one is perfect.....& nobody put a gun to our head asking us to buy.....appreciate your sharing.....cheers!!!

Posted by rikki > 2015-05-18 17:09 | Report Abuse

‘Next market high’ for property seen in 2018

A combination of pent-up demand, improved buyer sentiment and overall business environment is expected to spur the local property market to its “next market high” in 2018.

PPC International Sdn Bhd chief executive officer Siva Shanker said conditions have been improving albeit slowly, with the implementation of the goods and services tax (GST) not really having much of an impact as originally expected.

“GST came and went and everyone is still carrying on. But the general perception is that business is slow. When things are slow, the first thing that suffers will be property, because it is a big-ticket item.”

Siva said property transactions, not prices, have been spiralling since 2012.

“But we believe things (transactions) are improving already and we expect 2018 to be the next market high,” he said.

SK Brothers Realty Sdn Bhd general manager Chan Ai Cheng believes the market would bounce back as soon as the Government decides to “boost the sector,” namely, measures promoting the industry.

“We hope the market will return within the next two years,” she said.

Chan admitted that property transactions this year have been a little slower compared with the same period in 2014.

“From our marketing activities and road shows so far, it (transactions) has reduced compared with last year. There’s a bit of hesitation.

She added that the central bank’s tighter lending rules has had an impact on transactions.

“Year-to-date bookings have been about the same as last year, but conversions into sales are not the same.”

An AmResearch report last week reaffirmed an “overweight” outlook for the local property sector.

“While we expect residential prices to continue moving sideways in 2015, a return of pent-up demand towards end-2015 – barring external shocks – is possible as the market is still awash with liquidity.

“Besides that, property cooling measures and post GST impact appears to have already been priced-in, given the steep 52% discount that property stocks within our coverage currently trade at vis-à-vis their respective net asset value.”

In terms of property sub-segments, Siva feels that high-end condominiums are oversupplied within the Klang Valley.

“With that, owners will have problems selling. The landed (residential), industrial and commercial sectors, I believe, will be alright.”

He said the office subsector was also oversupplied - but added that it wasn’t a worrying situation.

“In the short-to-medium term, the oversupply will be absorbed. This is normal. Not every building will be fully taken up - it usually takes a while to get tenants anyway.”

In terms of pricing, Siva said secondary property prices were between 20% and 40% cheaper than new launches.

“It’s the secondary market that’s doing better now. But the focus should be on affordable homes, namely those below the RM500,000-range.

“Landed property within this price range is grossly undersupplied,” he said.
http://www.thestar.com.my/Business/Business-News/2015/05/18/Next-market-high-for-property-seen-in-2018/?style=biz

Posted by Tessa Joseph > 2015-05-18 20:43 | Report Abuse

Hibiscus Petroleum to join drilling of PL591 well in Norwegian Sea

http://www.theedgemarkets.com/my/article/hibiscus-petroleum-join-drilling-pl591-well-norwegian-sea?type=Corporate

Posted by Mark T Bird > 2015-05-18 22:06 | Report Abuse

:-)

Posted by rikki > 2015-05-19 08:02 | Report Abuse

Greek Leaders Say Deal Is Within Reach Amid Doubts by Creditors

Greek leaders expressed optimism a deal to unlock bailout funds is within reach, in the face of continuing warnings by creditors that the country has yet to comply with the terms of its emergency loans.

“We are very close” to an agreement, Finance Minister Yanis Varoufakis said in an interview late Monday with Greece’s Star TV Channel. “I’d say it is a matter of one week.”

Earlier Monday, Prime Minister Alexis Tsipras had told Greek industrialists that “we are now at the final stretch before striking a mutually beneficial agreement, after long and painful negotiations.”

Greece’s anti-austerity government has repeatedly expressed confidence a deal was imminent, only to be rebuffed by creditors seeking more concrete actions in areas including labor market deregulation and pension-system overhaul.
http://www.bloomberg.com/news/articles/2015-05-18/greek-leaders-say-deal-is-within-reach-amid-doubts-by-creditors

Posted by rikki > 2015-05-19 11:45 | Report Abuse

Mitrajaya @ 1.97 TP 2.92 by HLIB

HLIB maintains Buy on Mitrajaya

Hong Leong Investment Research has kept a Buy call on Mitrajaya with a target price of RM2.92, pegged on FY15-16 P/E of 14.7 times and 12.2 times respectively.

In a note on Tuesday, the research house said Mitrajaya offers investors superior earnings growth prospects with 3 year CAGR of 24% on the back of undemanding valuations at 9.1 times and 7.6 times FY15-16 P/E.

Given strong job wins recorded last year at RM1.1bil, Mitrajaya currently sits on an all-time high orderbook of RM1.9bil.

This implies a superior orderbook cover of 5.1 times FY14 construction revenue vis-à-vis its peers average of 2.1 times. As such, earnings growthvisibility over the next 2 years is already anchored by this.

The research house said the company's year-to-date job wins amount to RM230mil and management is gunning for RM1bil this year compared to the more conservative assumption of RM500mil.

"Mitrajaya has tendered for RM1.9bil worth of jobs comprising buildings in the Klang Valley (RM1.4bil) as well as buildings (RM350mil) and infra works (RM180mil) in Johor.

"We gather that a potential contract win (RM300mil) could be on the cards over the next 1 to 2 months.
"Aside that, Mitrajaya is also a strong contender for the LRT3 station works which should take off in 1Q16," it said.
http://www.thestar.com.my/Business/Investing/2015/05/19/HLIB-maintains-Buy-on-Mitrajaya/?style=biz

Posted by Mark T Bird > 2015-05-19 12:17 | Report Abuse

Foreign funds tip-toeing into Bursa with net buying of nearly RM45mil

KUALA LUMPUR: Foreign funds were nibbling on Bursa Malaysia on Monday with net buying at RM44.80mil while local institutions were also seen actively trading with net buying at RM2.9mil.

According to BIMB Securities Research retail investors were doing otherwise and were reducing their stockholdings with net selling at -RM48.7mil.

On the performance of the FBM KLCI on Monday, it said the 30-stock index traded sideways throughout the session but the last minute rally sent the index to end 11.58 points higher, closing at 1,823.50 lifted by O&G and power counters.

“We expect the index to remain positive today as we still maintain our 2015 target at 1,850 for now, driven by strong buying interest from foreign investors. Expect to see immediate resistance at 1,830,” it said.

BIMB Research said European stocks ended higher, after positive developments in Greece’s long-standing debt crisis and a weakening of the euro against the dollar.

Wall Street also closed higher S&P 500 and Dow industrials both finishing the day at record levels as the Fed hinted that interest-rate hike will delay until 2016. The DJIA and S&P500 gained 0.14% and 0.3% respectively to end at 18,298.88 and 2,129.20 respectively.

In Asia, key indexes closed mostly higher as investors looking ahead to U.S. housing data and minutes of the Federal Reserve’s April meeting due this week. The Nikkei 225 added 0.3% on weaker yen. Meanwhile Hong Kong closed negative on profit taking. Star

Posted by rikki > 2015-05-19 18:19 | Report Abuse

Econpile's 3Q net profit surges 128%

Econpile Holdings Bhd posted a net profit of RM12.5 million for the third financial quarter ended March 31, a 128% jump from RM5.5 million in the previous corresponding quarter.

Revenue was also higher, as the group reported a 30% increase from RM87.6 million to RM114.1 million in 3Q15.

In a statement today, the piling and foundation specialist attributed the group’s financial improvement to lower operating expenses and improved efficiency.

“Econpile’s strong performance thus far, indicated the group’s increased efficiency and our ability to ride the wave of development in the country, particularly in the high-rise property segment,” said its group CEO Raymond Pang.

He added that the outlook for the company looks bright, in view of the government’s decision to undertake more infrastructure projects such as the MRT 2 and LRT 3.

“We are positioning ourselves to tender for these major infrastructure projects, as they come.”

Econpile’s orderbook as at March 31 amounts to over RM517 million, and it is tendering for over RM1 billion worth of projects, predominantly in the Klang Valley area.

Econpile share price gained 4.5% to RM1.16 today, with 6.36 million shares traded. Its market capitalisation was RM609.9 million.

http://www.theedgemarkets.com/my/article/econpiles-3q-net-profit-surges-128

Posted by duitKWSPkita > 2015-05-19 18:25 | Report Abuse

Rakan-rakan....

ECONPILE fully support.......

Posted by Tessa Joseph > 2015-05-19 19:04 | Report Abuse

Hi

http://superawesomedeals.com.my/pricetarget

Posted by YS Babe > 2015-05-19 19:12 | Report Abuse

aku pi awak punya frontpage

waduh kenanga pun masuk market

hehehe

Posted by Tessa Joseph > 2015-05-19 19:19 | Report Abuse

thanks to all visitors

frontpage currently newsbrief, I rotate, yup suda updated

http://superawesomedeals.com.my/

Posted by rikki > 2015-05-19 21:16 | Report Abuse

Hup Seng Q1 pre-tax profit rises 36% to RM17

http://www.themalaysianinsider.com/business/article/hup-seng-q1-pre-tax-profit-rises-36-to-rm17-million#sthash.vtYVTGqQ.dpuf

Posted by rikki > 2015-05-20 13:47 | Report Abuse

Bullish breakout on the cards for Ivory

After touching an all-time low of 37 sen on Dec 16, last year on bearish extended move, Ivory Properties Group Bhd bounced off the ebb and attempted to recover in the wake of fresh bargain hunting buying.

However, prices could not attract follow-through interest and subsequently, they slipped into range-bound consolidation in mid-January.

The process last four months before we see prices making another effort to mend.

Ivory shares bounced to a high of 47 sen in the morning, the best level in almost six months, but closed at 45.5 sen, up three sen at midday.

From the daily chart, this stock is clearly facing significant resistance at the 47 sen barrier, followed by the 200-day simple moving average (SMA) of 48 sen, also a strong hurdle.

Going forward, a decisive penetration of these two lines would signal a bullish turnaround, en-route to the 57 sen to 60 sen band.

If unsuccessful, Ivory is likely to retrace back to consolidation mode.

Elsewhere, the oscillator per cent K and the oscillator per cent D of the daily slow-stochastic momentum index had eased slightly after flashing a short-term sell deep in the overbought territory on Monday.

In stark contrast, the 14-day relative strength index extended the upward thrust to settle at the 90 points level at midday, up from a reading of 38 a week ago.

Also looking good, the daily moving average convergence/divergence histogram expanded positively against the daily signal line after triggering a buy signal on Tuesday.

Technically, most of the indicators are painting a promising pictogram and with trading volumes increasing sharply, suggesting growing investors’ interest, a bullish breakout may be on the cards.

Initial support is seen at the 43 sen mark.

An additional floor is resting at the 39.5 sen line
http://www.thestar.com.my/Business/Business-News/2015/05/20/Bullish-breakout-on-the-cards-for-Ivory/?style=biz

Posted by rikki > 2015-05-20 14:03 | Report Abuse

Skpres contract from DYSON @ RM400m/yr for 5 yrs
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4741901

Posted by rikki > 2015-05-20 20:52 | Report Abuse

JCY International 's net profit jumps 34% due to weak ringgit, higher selling prices

JCY International 's net profit jumps 34% due to weak ringgit, higher selling prices

JCY International Bhd saw its net profit increased 34% to RM51.15 million or 2.52 sen per share in the second quarter of financial year 2015 ended March 31, 2015 (2QFY15), compared to RM38.1 million or 1.88 sen per share in the previous corresponding quarter, due to weaker ringgit against the US dollar and better average selling prices (ASP).

In a filing with Bursa Malaysia today, JCY International (fundamental: 2.1; valuation: 1.8) recorded a 7.044% increase in revenue to RM508.8 million in 2QFY15, compared to RM475.32 million in the second quarter of financial year 2014 (2QFY14).

Year-to-date (YTD), net profit rose 48% to RM101.34 million or 4.99 sen per share, compared to RM68.36 million or 3.37 sen per share last year; while revenue rose 4.68% to RM996.67 million, compared to RM952.13 million last year.

The company has declared dividend of 1.25 sen per share.

In a statement, JCY International said gross profit margin in 2QFY15 stood at 10%.

The company said the improved performance was mainly attributable to the favourable exchange rate of US$ against the ringgit and better ASP.

JCY International's non-executive chairman Rozali Mohamed Ali said prudent financial management and with investment in automation processes have resulted in improvements in operational efficiency.

“This has enabled us to maintain our steady performance over the last quarter,” he added.

On its outlook, the company said original design manufacturer (ODM) shipment numbers that had been released recently for quarter ended March 31, continue to reveal softness in personal computer (PC) builds with output down slightly, compared with the shipment number in the previous financial quarter.

However, enterprise shipments are expected to recover in the second half of the year, on increased demand from traditional storage or server vendors, as well as hyperscale companies, the company said.

JCY International also said the Sony Playstation 4 finally commenced selling in China towards the end of March 2015, and the prospective PC refresh cycle resulting from Windows 10 may help to improve hard disc drive (HDD) shipments for the second half of 2015.

“The demand for cloud infrastructure and enterprise applications will continue to make up for the reduction in PC shipments,” the statement read.

“The recent appreciation of the US$ relative to the ringgit will continue to benefit JCY International’s results, as all sales are denominated in US dollar.”

The company said it will continue to automate its production process to improve productivity and reduce reliance on manual workers.

JCY International's share price was flat at 77 sen today, with a market capitalisation of RM1.573 billion

http://www.theedgemarkets.com/my/article/jcy-international-s-net-profit-jumps-34-due-weak-ringgit-higher-selling-prices

Posted by rikki > 2015-05-21 08:14 | Report Abuse

AllianceDBS Research 21/5/2015

Technical Buy - Mulphal @ 0.91
TP 1.00 - 1.10
Cut-Loss - 0.85

Posted by rikki > 2015-05-21 21:19 | Report Abuse

Oriental Food proposes 1-for-1 bonus issue; net profit jumps 141%

Oriental Food Industries Holdings Bhd, whose share price has doubled since March, has proposed a bonus issue of 60 million new shares on the basis of one bonus share for every one existing share to entitled shareholders, at a date to be announced later.

The confectionary and snack food manufacturer announced its results for the fourth quarter ended March 31, 2015 (4QFY15), in which its net profit jumped by 141% to RM7.55 million, from RM3.13 million in 4QFY14, on higher revenue that grew 6% to RM58.94 million, from RM55.4 million previously.

For the full year ended March 31, 2015 (FY15), Oriental Food saw its net profit jumped 37% to RM22.19 million, from RM16.17 million in FY14, on higher revenue that climbed 4.5% to RM237.03 million, from RM226.89 million previously.

It declared a 7 sen dividend in 1QFY15, bringing total dividend declared in FY15 to 13 sen.

http://www.theedgemarkets.com/my/article/oriental-food-proposes-1-1-bonus-issue-net-profit-jumps-141

Posted by rikki > 2015-05-21 21:45 | Report Abuse

More high-flying Hong Kong stocks tumble a day after Hanergy's rout

HONG KONG: Shares of two companies owned by Chinese billionaire Pan Sutong slumped as much as nearly two-thirds in Hong Kong on Thursday, in the second day of steep share price declines of previously high-flying stocks in the Asian financial hub.

Goldin Financial Holdings and Goldin Properties Holdings fell more than 60 percent in Hong Kong trading at one point, wiping about $23 billion off the value of the companies. By afternoon, they were down 40 percent.

Their apparently inexplicable tumble follows that of Hanergy Thin Film Power Group Ltd, which on Wednesday dropped nearly 50 percent before being halted from trading, with a source later telling Reuters the Chinese company is under investigation by Hong Kong's securities watchdog.

The share slides cast doubts about Hong Kong's reputation as a global financial hub at a time of increased interest from foreign investors following the launch of a landmark trading link with Shanghai's stock exchange last year.

Reuters could not immediately determine any link between Hanergy and the Goldin companies beyond the stock movements, and on Thursday, all three companies said they were not aware of any reason for the falls.

Hanergy's parent company, in a statement on its website, added to the mystery surrounding the rout, saying its financials were sound and that it had not sold any of the 30.6 billion shares it holds in its Hong Kong-listed unit.

SEE-SAW SHARES

The Hong Kong-Shanghai stock trading link has brought in a deluge of Chinese funds and triggered a rally in Hong Kong stocks, but market volatility has also increased. Hanergy shares were among the top traded on the trading link.

Goldin Financial and Hanergy had seen their values climb more than four-fold since September, an increase at odds with more modest gains in underlying business fundamentals, according to an analysis of the companies' financial statements. Goldin Property spiked almost six-fold between March and May.

The drop in Goldin's stocks on Thursday was accompanied by a spike in trading volumes. About 26 million Goldin Properties shares changed hands compared to up to 6 million in previous sessions. Goldin Financial volumes leapt to over 12 million from the past month's 2-3 million range.

Goldin Financial, which is 70 percent owned by Pan, is involved in providing finance to small businesses secured against their sales. It also owns vineyards in France and California.

It had a peak market value of around HK$247 billion against a first-half net profit of HK$1.4 billion.

In March, Hong Kong's Securities and Futures Commission cautioned investors against trading in Goldin Financial's shares, noting that just 20 investors, including Pan, owned 98 percent of the shares.- Reuters

http://www.thestar.com.my/Business/Business-News/2015/05/21/More-high-flying-Hong-Kong-stocks-tumble-a-day-after-Hanergy-rout/?style=biz

Posted by Mark T Bird > 2015-05-21 22:25 | Report Abuse

no-good market days :( tomorrow Friday :(

Posted by YS Babe > 2015-05-21 22:30 | Report Abuse

alahai aku pun terkejut, masa aku tinggal -7 point, bila aku balik tengok - 16, sakit bijik mata, merah sana sini, aku belah!

hehehe

KUTPAI aku nak tido dan mimpi indah, selamat malam mark, rikki

Posted by rikki > 2015-05-21 22:58 | Report Abuse

KLCI down 15.07pts amid Malaysia's political, 1MDB concerns
http://www.theedgemarkets.com/my/article/klci-down-1507pts-amid-malaysias-political-1mdb-concerns

Posted by rikki > 2015-05-22 13:51 | Report Abuse

Market Outlook as at May 22, 2015

FBMKLCI & FBMEMAS are again back to the low recorded two weeks ago (point 'A'). If they go below this level, then a medium-term downtrend could begin. This would be the end of the 5-month rally that dated back to December last year. Even the support at 1770-1780 for FBMKLCI or 12100-12300 for FBMEMAS would be a poor consolation if the downtrend starts.

The sharp drop in the market today seems to coincide with the news reports that Deputy Prime Minister ('DPM') has called for the sacking of the Board of Directors of 1MDB. Is this the breaking of rank between our DPM & the PM on the issue of 1MDB? Would this lead to a bigger riff and a challenge for the Presidency in UMNO?

Stock markets abhor uncertainty, especially political uncertainty. This will add to the growing list of concerns, which includes poor consumer sentiment, uncertainty in the Euro-zone, heightened geopolitical risk in the Middle East and weak global economy.
http://nexttrade.blogspot.com/

Posted by Tessa Joseph > 2015-05-23 16:58 | Report Abuse

:(