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-   -   Market News 19/6/06 (http://forum.ipoh.com.my/showthread.php?t=4035)

Uncle-Cle 20-06-2006 04:25 PM

Market News 19/6/06
ACP Industries Bhd and its Indian joint venture partner Punj Lloyd Ltd. received a contract from Delhi Metro Rail Corp of India to help build a 4.8km elevated viaduct and conduct structural work on 4 elevated stations on the Delhi rail project. The total project's value is RM118.6m (US$33m) of which ACP's portion is RM42.4m.

Amway (Malaysia) Holdings Bhd said it's building a new corporate headquarters in Petaling Jaya, outside Kuala Lumpur, for RM57.5m.

Bumiputra-Commerce Holdings Bhd: Amanah Raya Bhd and Macquarie Malaysia Sdn Bhd have jointly offered to buy Southern Investment Bank Bhd, the Edge financial weekly reported, citing people it didn't identify. The Hong Leong Group has also offered to buy Southern Investment for about RM200m, the report said. Southern Investment is a unit of Southern Bank Bhd which has been bought by Bumiputra.

DVM Technology Bhd said it plans to sell 20% of new stock to private investors to help fund its marketing, branding and promotion plans as well as for working capital. The sale may raise as much as RM3.52m, the company said.

ECM Libra Bhd said it completed its merger with Avenue Capital Resources Bhd on June 16.

DRB-Hicom Bhd said its 70% owned Scott & English (Malaysia) Sdn Bhd unit and Edaran Otomobil Nasional Bhd have scrapped plans to jointly sell Tata Motors Ltd vehicles in Malaysia.

Kumpulan Guthrie Bhd plans to cut its debt to RM2.5b from RM2.9b by selling assets and listing its Indonesian unit, the Business Times reported on June 17. The company plans to sell shares in Minamas, its Indonesian plantation unit, on the Jakarta Stock Exchange in 2007, and is in talks to sell a RM730m highway by the end of this year, the report said.

Proton Holdings Bhd began selling its first new model this year on June 16 to replace its Satria three-door hatchback. It priced the Satria Neo between RM43,500 and RM54,800 each, and plans to sell 14,000 to 15,000 units of the car this year.

Rashid Hussain Bhd: The Employees Provident Fund is joining an overseas financial institution in a bid to buy Utama Banking Group Bhd's 32.9% stake in Rashid Hussain, which controls RHB Capital Bhd, the Edge weekly reported. Lender EON Capital Bhd has a separate proposal to buy RHB Bank Bhd, RHB Capital's banking unit, which would result in RHB Capital owning both RHB Bank and EON Capital, the Edge said.

Global Carriers Bhd is planning to become a niche clean petroleum product (CPP) carrier and phased out of the more volatile container segment, its chairman Datuk Azlan Hashim said. The plan was to convert Global Carriers into a niche player, focusing solely on the local and regional CPP carrier markets. It now has six 7,000-tonne single hull tankers and is divesting two container vessels for RM90.2 m. It is also expecting to get a new 12,000-tonne double hull tanker in August.
Amcorp Group Bhd said Bank Negara has approved shareholder Azman Hashim's plan to privatize the company. Azman currently owns 38.06% of Amcorp.

Uncle-Cle 10-04-2013 03:04 PM

One of the hottest stocks in BURSA is DAYA 0091

It is cheap at 22cts & there is bright future in medium term.

Uncle-Cle 10-05-2013 03:31 PM


Originally Posted by Uncle-Cle
One of the hottest stocks in BURSA is DAYA 0091

It is cheap at 22cts & there is bright future in medium term.

Our BUY call for Daya is buoyed by its:

1) Vision of becoming top O&G player in domestic market together with a target of RM1billion in turnover by 2015.

2) Strong track record with double digit growth, de-gearing balance sheet from net gearing ratio of 19.5% in FY2010 to 4.7% in FY2012.

3) Huge outstanding order book of RM1.3bn and will continue to benefit from the positive earnings outlook in local O&G activities.

Recommendation: - We recommend our BUY call on Daya with a compelling FY13F’s PER of 9.1x. We like Daya for its huge outstanding order book of RM1.3bn which is 5x of its market cap. Despite the huge orders in hand, the management is still pushing for aggressive expansion. Although its current gearing is low, the burden on more contracts will have to be funded by more capital. Investors looking for “cheap” share and trading at reasonable valuation yet has huge potential, Daya is a good choice.

Source: Company, Bloomberg & PCM estimates

Primrose Hill 11-05-2013 05:47 PM

Anything good cheap to buy?

Uncle-Cle 12-05-2013 06:20 AM


Originally Posted by Primrose Hill
Anything good cheap to buy?

0091---Daya is worth a try.

Uncle-Cle 13-05-2013 03:03 PM

Today, 0091-Daya touched $0.23 or up 4.5% in 1 month.:D

Very encouraging indeed :V:

Uncle-Cle 17-05-2013 03:43 PM

Today it is $0.26 high...ie +18% in just over a month ago and heading North

Volume is huge:D :D

Primrose Hill 17-05-2013 08:42 PM

What is Daya?

Uncle-Cle 18-05-2013 06:14 AM

Daya Materials Berhad, an investment holding company, engages in the trading and distribution of specialty chemicals and catalysts, and the provision of related services to the oil and gas sector in Malaysia and Asian countries. It is involved in manufacturing semi-conductive compounds and cross-linkable polyethylene compounds for cables and wires; and trading specialty chemicals, catalysts, and petrochemicals products, as well as polymer compounds, petroleum, and oil and gas products. The company also engages in the ownership and hiring of forklifts, cranes, and heavy machineries; provision of ventilation, heating, air conditioning, and electronic equipment services, as well as energy saving solutions, fabrication works, and testing and commissioning services. In addition, it provides industrial facilities management, including builder works, facility operation and maintenance services, upgrade, retrofit, design services; invests in properties; offers warehousing and forwarding agency services; and provides onshore and offshore pipe laying works, shore approach piping works, automatic welding services, and plant maintenance works. Further, the company offers design, engineering, and industrial construction services; tank cleaning, repair, and waste oil/solvent recycling services; safety equipment and apparels; and manpower services in the onshore and offshore oil and gas industry, as well as trades in building material, hardware equipment, and other related products. Daya Materials Berhad was founded in 1994 and is headquartered in Kuala Lumpur, Malaysia.

Uncle-Cle 21-05-2013 05:04 PM

There were 2 annoucements recently & I had also taken profits for DAYA.

(+) 27% profit:D

Primrose Hill 21-05-2013 09:46 PM

Uncle untung again.belanja kopi?

Uncle-Cle 22-05-2013 06:56 AM


Originally Posted by Primrose Hill
Uncle untung again.belanja kopi?

Boleh, it's a pleasure:D

Tintin 22-05-2013 09:08 AM


Originally Posted by Uncle-Cle
Boleh, it's a pleasure:D

Buy me kopi too UncleC! :D OldP told me he also wants! :)

Uncle-Cle 22-05-2013 09:37 AM


Originally Posted by Tintin
Buy me kopi too UncleC! :D OldP told me he also wants! :)

OK, thanks.

You know, this tip is especially for Ipoh Forum members only:D

Uncle-Cle 04-06-2013 06:11 PM

Wow, DAYA is really a hot share. Look at the volume, excellent

Primrose Hill 07-06-2013 01:46 PM

Ok not for me then. I need tips good tips

Uncle-Cle 07-06-2013 05:01 PM


Originally Posted by Primrose Hill
Ok not for me then. I need tips good tips

What sort of share are you looking for?

Uncle-Cle 08-06-2013 11:14 AM


Buy rated large caps...........Price.....Target

SP Setia...........................3.63......5.03
IJM Corp...........................5.76......6.60
Tan Chong Motor................6.70......8.05
BIMB Holdings....................4.10......4.20
Mah Sing..........................3.17.......3.89
QL Resources.....................3.21......4.00
AMMB Holdings...................7.45.......8.30
MISC................................5.10.......5.7 0
RHB Capital........................8.63.......9.80

Uncle-Cle 14-07-2013 12:11 PM

Uncle-Cle 22-07-2013 06:37 PM

Daya 0091 came back strongly today.

It touched 28cts with high volume.

Uncle-Cle 01-08-2013 07:16 PM

DAYA 0091 touched 31cts today with excellent volume.

Sad news is I had sold mine at 0.275 cts

Uncle-Cle 06-08-2013 07:00 PM

DAYA 0091 touched 33 cts:D

It's at a all time high now

Uncle-Cle 07-08-2013 02:27 PM

Uncle-Cle 23-08-2013 07:16 AM

1171-MBSB is a good buy for longer term investment.

It closed at $2.94 on 22nd Aug 2013.

Uncle-Cle 11-09-2013 04:23 PM

Due to the middle east crisis between usa/syria, it is best not to enter the market.

Uncle-Cle 17-09-2013 12:12 PM


Originally Posted by Uncle-Cle
Due to the middle east crisis between usa/syria, it is best not to enter the market.

Looks like the middle east crisis has cool down a lot.

In the meantime, here is the latest:-

Uncle-Cle 22-10-2013 01:28 PM

The current update:-

Tintin 22-10-2013 08:03 PM

Man With The Curry Stained Tshirt remains tight-lipped.

Uncle-Cle 26-10-2013 09:22 PM


Originally Posted by Tintin
Man With The Curry Stained Tshirt remains tight-lipped.

:confused: what do you meant?:confused:

Uncle-Cle 26-11-2013 07:58 AM

Time to update:-



MBSB--1171.....now $2.60

Uncle-Cle 11-12-2013 02:35 PM


Originally Posted by Uncle-Cle
Time to update:-


MBSB--1171.....now $2.60

MBSB high is $2.79..good volume...1:2 right issue

Uncle-Cle 30-01-2014 05:55 AM

As of 30-1-2014

Uncle-Cle 27-03-2014 12:54 PM

As of 27/3/2014

Uncle-Cle 13-10-2014 01:44 AM


Originally Posted by Uncle-Cle
MBSB high is $2.79..good volume...1:2 right issue

I haven't update MBSB for a while and here is the latest.

If you had invested some money, the future looks bright.

CIMB Group-RHB Capital in share swap to form Asean financial powerhouse (Update)


Uncle-Cle 21-10-2014 04:31 PM

CIMB, RHB Cap and MBSB halt trading (Update)


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